September 28, 2005 CONGRESSIONAL RECORD — HOUSE H8489 RYAN WHITE CARE ACT EXCHANGE OF SPECIAL ORDER issues, he was very intimately involved The SPEAKER pro tempore. Under a TIME in those throughout his entire 17 years previous order of the House, the gen- Mr. DREIER. Mr. Speaker, I ask in Congress. He was a tireless advocate tleman from North Carolina (Mr. unanimous consent to claim the time for our men and women in uniform, a BUTTERFIELD) is recognized for 5 min- of the gentleman from Texas (Mr. BUR- vocal anti-Communist, an active pro- utes. GESS). ponent of ’s military bases, Mr. BUTTERFIELD. Mr. Speaker, I The SPEAKER pro tempore. Is there and an ardent supporter of the global rise this evening to speak on the im- objection to the request of the gen- war on terror. portance of reauthorizing the Ryan tleman from California? As Chairman of the Committee on White CARE Act. This act has been so There was no objection. Homeland Security, Mr. Speaker, Chris valuable in providing services to those pushed for common-sense reform to en- f persons infected with HIV/AIDS. I want sure that we spent homeland security to thank the gentlewoman from the HONORING CHRIS COX dollars based on actual risk, and he left Virgin Islands (Mrs. CHRISTENSEN) for The SPEAKER pro tempore. Under a a legacy of very vigorous oversight at her passion and her work and her advo- previous order of the House, the gen- the Department of Homeland Security. cacy on this issue. Her work has been tleman from California (Mr. DREIER) is Additionally, as a representative unparalleled in this Congress. recognized for 5 minutes. from California, Chairman Cox was in- Mr. Speaker, I want to encourage my Mr. DREIER. Mr. Speaker, on the 2nd timately involved in the effort to se- colleagues to reauthorize the Ryan of June our very distinguished col- cure our border and give the border pa- White CARE Act at $3.1 billion to en- league, Chris Cox, was nominated by trol the tools needed to apprehend any- sure that today’s health care needs of President Bush to become the chair- one seeking to enter our country ille- people living with HIV/AIDS and their man of the Securities and Exchange gally, particularly those wishing to do families are adequately and consist- Commission. On July 29, the Senate our Nation harm. ently met. Today, unlike the past, voted unanimously to confirm Chris as It is fitting that he is now the coun- those most likely to be infected with the 28th chairman of the SEC. His nom- try’s top cop for the securities markets HIV are people of color, women, and ination was widely heralded. That eco- because he has long been committed to our youths. This act directly funds nomic guru, Larry Kudlow, said, ‘‘Chris improving and supporting the free mar- medical and support services for ap- Cox’s keen intellect and free market ket. proximately 533,000 individuals and view point will provide a breath of Whether it was ending the double their families living with HIV/AIDS taxation on shareholder dividends or each year. Persons of color represent 88 fresh air at the Securities and Ex- change Commission.’’ supporting innovative technologies percent, 88 percent of the clients that with the Freedom Act or are being served. b 1900 standing up for free trade by voting for HIV/AIDS is no longer a death sen- The majority leader in the Senate permanent normal trade relations for tence. Great strides in medical tech- said, ‘‘Chris Cox will bring an experi- the People’s Republic of China or pro- nology have slowed the progression enced and steady hand to the Securi- tecting investors from junk lawsuits from HIV to AIDS, allowing people ties and Exchange Commission.’’ with the Private Securities Litigation with HIV to live longer, to live Stanford law professor, who is a healthier and more productive lives. Reform Act, Chairman Cox has been in former SEC commissioner, Joseph This act should be authorized in a the forefront of making sure cap- manner that allows it to fully respond Grundfest, said, ‘‘We should give a italism and financial markets work on to the needs for underserved and unin- great deal of respect and deference to their own when they can but, most im- sured populations living with HIV/ Chris Cox’s tremendous intellectual portant, work within the law around AIDS. abilities and political skills.’’ the clock. Mr. Speaker, African Americans in Mr. Speaker, I mention this praise When accepting the nomination to this country are disproportionately af- because it so clearly shows that the chair the SEC, Chairman Cox had this fected with HIV/AIDS. In 2000, African gain at the Securities and Exchange to say about the U.S. economy: ‘‘The Americans made up 12.3 percent of the Commission is a significant loss for us natural enemies of this economic mar- U.S. population, but they account for here in the House of Representatives. vel are fraud and unfair dealing.’’ At 40 percent of the diagnosed AIDS cases. As his colleagues in Congress, we will the SEC, he will continue, Mr. Speaker, In North Carolina, my home State, the all miss working with Chris. to do what he practiced here in the total number of new AIDS cases in 2003 Chairman Cox was first elected to the Congress, instilling faith in the finan- was 1,083; 724 of these cases were found House in 1988 to represent Orange cial markets by targeting bad actors among African Americans. County, California. During his nine and protecting investors. In fiscal year 2005, this act was fund- terms in office, he gained a well-de- Throughout his life, Chairman Cox ed at $2.073 billion, but that is not served reputation as a hardworking, has held firm to his conservative be- enough. Funding should not be shifted action-oriented, fair and bipartisan liefs; his faith in democracy; and his from one region of the country to an- Member. In fact, he said one time, pro-growth, free market principles, other based on perceived severity of ‘‘The well-worn partisan rut is not a even when his views were not always need. Instead, the act should be ade- place where you are going to get a lot popular. When he was at Harvard in the quately funded so that it can ensure of work done.’’ early 1970s, where he earned a business progress in regions where HIV infec- Chairman Cox did not spend a lot of and law degree, he placed a Ronald tions have slowed while targeting re- time in that rut. He was an integral Reagan bumper sticker on his car, only gions that are being hard hit by the part of our California delegation, to have his car repeatedly vandalized. epidemic. By increasing the reauthor- served on important committees and There was little that could intimi- ization level to $3.1 billion, the CARE delved into critical issues facing our date Chairman Cox, and that was par- Act will be able to provide services to Nation. He served on the Committee on ticularly due to the confidence he de- both urban and rural areas, which will Energy and Commerce, the Committee rived from his political lodestar, the put an end to the competition between on Financial Services, the Committee man whose name was on that bumper health care providers whose clients are on Government Reform and the Com- sticker, . desperately needing funding. mittee on the Budget. He served as a Chris and I both share an intense ad- f member of the majority leadership for miration for Ronald Reagan. President The SPEAKER pro tempore. Under a over 10 years as Chairman of the House Reagan taught our country to stand previous order of the House, the gen- Policy Committee. tall, to believe in and trust the virtues tleman from Texas (Mr. BURGESS) is Most recently, we all know Chris of democracy, the power of the indi- recognized for 5 minutes. served as chairman of the Committee vidual, the promise of entrepreneur- (Mr. BURGESS addressed the House. on Homeland Security when we estab- ship, and the might of our military. His remarks will appear hereafter in lished this new committee. Throughout Chris had the distinct privilege of the Extensions of Remarks.) his involvement in national security serving President Reagan as a White

VerDate Aug 31 2005 04:27 Sep 29, 2005 Jkt 039060 PO 00000 Frm 00099 Fmt 7634 Sfmt 0634 E:\CR\FM\K28SE7.149 H28SEPT1 H8490 CONGRESSIONAL RECORD — HOUSE September 28, 2005 House counsel. He worked behind the California, Christopher Cox, for his excellent the U.S. Congress. In this body, his leadership scenes to promote Ronald Reagan’s service as a Member of the House of Rep- was essential in authoring the Private Securi- muscular foreign policy and effective, resentatives and to wish him well in his tenure ties Litigation Reform Act and the Internet Tax limited government domestic policy. as Chairman of the Securities and Exchange Freedom Act. Chairman Cox was also instru- In 1988, during Chris’s first campaign Commission, SEC. mental in the creation of a permanent Home- for Congress, President Reagan said, ‘‘I I commend the President for selecting Chris land Security Committee, on which he served could always count on Chris Cox to to serve in that capacity because Chris has as the first Chairman. No matter his role in push our agenda forward and to keep the proven leadership ability, intelligence, fair- this House, he continuously worked for a his sights on why we were in Wash- ness, and experience necessary to success- smaller and more efficient government, a fis- ington.’’ Mr. Speaker, those words still fully manage the SEC, which has an integral cally responsible budget, and an overall better ring true today. Chairman Cox is a role in ensuring our Nation’s continued eco- America. man of powerful intellect, whose self- nomic growth and prosperity. I have had the For the last 7 years, I had the great privi- less service of his constituents and of great pleasure of working with Chris as he ex- lege of being his colleague in this House. his country has earned the respect of hibited his leadership abilities in the House Here I witnessed firsthand the depth of his in- everyone he has worked with, and he through his service for over a decade as the tellect and the extent of his devotion to our na- has never lost sight of why he was here. Chairman of the House Republican Policy tion. I also witnessed his compassion and care I know he will continue to serve the Committee and most recently as Chairman of for the residents of south Orange County. He people of the United States with unfail- the Committee on Homeland Security. represented them loyally and they rewarded ing dedication and the utmost integ- As many of you know, Chris has impressive him with eight consecutive reelections to the rity. That is how his colleagues in Con- academic credentials, which include earning House of Representatives. gress knew him, and that is how his both an M.B.A. and law degree from Harvard, As Chairman Cox leaves these halls to con- new colleagues at the SEC will come to where he also served as an editor of the pres- tinue his public service at the SEC, I can say know him. tigious . These creden- with certainty that he will be missed by his fel- President Bush gave Chairman Cox tials were supplemented through his service low lawmakers, his constituents, and the this mission to the SEC: ‘‘To continue as a Federal appellate law clerk and as Senior American people. We can take solace, how- to strengthen public trust in our mar- Associate Counsel to the late President ever, in his call to a higher duty. In this time kets so the American economy can Reagan. of war and economic uncertainty, America continue to grow and create jobs.’’ Mr. Moreover, Chris’ experience has provided needs capable leaders—leaders with experi- him with a broad and deep understanding of Speaker, if the success of his congres- ence, with knowledge, with determination— how our Nation’s capital markets operate. As sional career is any guide, there is no leaders like Christopher Cox. doubt that Chairman Cox will accom- an attorney with an international law firm, As Chris Cox begins his new challenge as plish this mission. Chris specialized in venture capital and cor- Chairman of the SEC, I am confident that the porate finance, and in his 18 years of service I offer my sincere thanks to Chris for qualities that made him such a great Con- as a Member of the House, Chris served on the pleasure of working with him as a gressman will likewise make him an excellent the Energy and Commerce, Financial Serv- member of the California delegation, as Chairman. a dedicated disciple of President ices, and Government Reform Committees. Ms. of California. Mr. During his House career, Chris was an ardent Reagan and as a force for progress here Speaker, I rise today to thank my colleague, proponent of legislation to improve the budget in the House of Representatives. I wish Chris Cox, for his service to this House, and process, eliminate the double tax on share- him the very best as he embarks on to Orange County California, a region we both holder dividends, reform medical malpractice this new path. had the privilege and the responsibility to rep- litigation, and repeal the estate tax. I worked Mr. RADANOVICH. Mr. Speaker, I rise resent. with Chris on these issues and I am pleased today to pay honor and congratulate a now I would also like to take this opportunity to that we were able to enact legislation to ad- former colleague of mine, Congressman Chris- wish now Commissioner Cox good luck in his dress capital gains, dividends, and estate tax- topher Cox. Mr. Cox has served the U.S. new position at the Securities Exchange Com- ation. House of Representatives with great distinc- While I will miss working with Chris in the mission, SEC. tion for six terms. For 10 years Mr. Cox dis- As a former constituent, a member of the in- House, I look forward to working with him in played his tremendous leadership capability as his new role. Accordingly, I ask my colleagues vestment banking community, I know how im- chairman of the House Policy Committee, and to join me in wishing him well as he continues portant Mr. Cox’s new job is to the health and most recently as the founding Chairman of the to serve as a free-market advocate in his new security to our Nation’s economy. The job of the SEC is to maintain investor House Committee on Homeland Security. capacity. In June of 2005, the President of the United Mr. GARY G. MILLER of California. Mr. confidence in our financial markets. I would States had the foresight to recognize Mr. Speaker, I rise today to honor our former col- urge my friend to invest more resources in Cox’s leadership ability and subsequently ap- league and my good friend, the Honorable maintaining that confidence. That would in- pointed Mr. Cox, Chairman of the Securities Christopher Cox. clude going after insider-trading cases, and and Exchange Commission. Mr. President, For almost 20 years, Chris Cox has served preventing scandals, like Enron and you made a very fine choice. Mr. Cox holds his country nobly, admirably, and to the best WorldCom, that undermine our system. We an M.B.A. from , as of his ability as a public official and legislator. shouldn’t forget that it’s the small investors, well as a J.D. from Harvard School of Law. He Now President Bush has tapped him for a new and workers depending on their pensions, that has taught Federal income tax courses at his chapter in his public service career as the next get hit the hardest by these scandals. alma mater. During former President Reagan’s Chairman of the Securities and Exchange I would also urge the Commissioner also to second term, Mr. Cox served as his Senior Commission. think about the future and to help reform the Associate Counsel. While serving in the U.S. In making this choice, the President could , and other ex- House of Representatives Mr. Cox served in a not have picked a more qualified, a more de- changes, to bring them into the 21st Century. capacity of leadership in every committee with termined, and a more able candidate. Chris Instant trading is a fact in the market. It needs jurisdiction over investor protection and U.S. Cox has extensive experience as an attorney to be brought to the floor of the NYSE. capital markets. It seems obvious to me, as specializing in venture capital and corporate fi- In closing, I would like to thank Chris Cox I’m sure it does to the rest of my colleagues nance and a lecturer at Harvard Business again for his service and wish him all the best that Mr. Cox is very well qualified for his new School where he taught Federal income tax at the SEC. I look forward to working with him position. law. He began his service to our nation as a and helping to make our nation’s future, safe, While the citizens of Mr. Cox’s 48th District Senior Associate Counsel to President fair and secure. will surely miss his commitment, I am sure Reagan, advising the President on a range of Mr. GALLEGLY. Mr. Speaker, I rise in honor they share my sentiments of congratulation to issues. Now he will continue this service in a of my friend, former colleague, fellow Califor- Mr. Cox for receiving this new appointment. I different capacity as the Chairman of the SEC, nian and Securities and Exchange Commis- have thoroughly enjoyed my time as a col- where he will have a platform to encourage sion Chairman Christopher Cox. league of Mr. Cox and look forward to working corporate responsibility and raise investor con- A capable and affable leader, Chris is well- with him in his new capacity. fidence. suited to be the 28th SEC chairman. While in Mr. THOMAS. Mr. Speaker, I rise today to From 1988, until very recently, Chairman Congress, he served as a senior member of honor my friend and former colleague from Cox represented Orange County faithfully in every committee with jurisdiction over investor

VerDate Aug 31 2005 04:27 Sep 29, 2005 Jkt 039060 PO 00000 Frm 00100 Fmt 7634 Sfmt 9920 E:\CR\FM\K28SE7.152 H28SEPT1 September 28, 2005 CONGRESSIONAL RECORD — HOUSE H8491 protection and capital markets, including the AIDS cases among teenagers indicates for, or those who currently are, living House Energy and Commerce Committee, the that this epidemic will undermine the with HIV and AIDS. Financial Services Committee, the Govern- very future of the African American Because of this, any funding less ment Reform Committee and the Budget Com- community and thus undermine our than $3.1 billion is simply not accept- mittee. He also served as chairman of the Nation. able. That is equivalent to what we Task Force on Budget Reform. He authored In the African American community, spend every month in the war in Iraq. the Private Securities Litigation Reform Act this is a state of emergency and re- What it costs to make the Repub- and the . quires an emergency response, not this lican tax cuts permanent for 1 year is It was no surprise that the Senate unani- lack of attention and lackadaisical ap- more than 10 times the amount needed mously confirmed his SEC chairmanship on proach that we are receiving from the to help ensure that a child born to an July 29,2005. leadership. We should not be presiding HIV-positive mother has a chance at Mr. Speaker, I know my colleagues will join over the expiration of this Act, which life. me in honoring Chris Cox for his service in the has been a lifeline to countless individ- One might be moved to ask why this U.S. House of Representatives and wish him uals and their families. We should be crisis, which has taken so many lives, Godspeed at the SEC. going beyond reauthorization, expand- ruining so many families and having f ing it and ensuring that all of the fund- such a detrimental social and economic ing is there to meet the programmatic impact on our communities is being re- GENERAL LEAVE needs. sponded to in such an inadequate man- Mr. DREIER. Mr. Speaker, I ask The Ryan White CARE Act was cre- ner, if one can say it is being responded unanimous consent that all Members ated to improve the quality and expand to at all? may have 5 legislative days within access to comprehensive care for peo- It is not the absence of urgent need. which to revise and extend their re- ple living with HIV and AIDS and their The numbers are there. Neither could marks on the subject of my Special families. Because of the CARE Act, it be due to lack of resources. We have Order. metropolitan regions, which are heav- seen this administration in times The SPEAKER pro tempore (Mr. ily African American, those that are bankroll solutions to others and more SODREL). Is there objection to the re- most severely affected by HIV and expensive crises without hesitation. quest of the gentleman from Cali- AIDS receive funding to launch HIV The reauthorization of the Ryan White fornia? prevention and support HIV/AIDS care CARE Act and adequate funding of this There was no objection. efforts. and all of the other health care pro- f The CARE Act also provides funding grams that would improve the health for AIDS Drug Assistance Programs; REAUTHORIZATION OF THE RYAN of the poor, the rural or people of color, early intervention services; capacity WHITE CARE ACT are not all that happening for one rea- building and planning grants; crucial son, the absence of political will. The SPEAKER pro tempore. Under a services for women, infants, children, Mr. Speaker, I do not want us to lose previous order of the House, the gentle- youth and their affected family mem- sight of the fact that this Act gets its woman from the Virgin Islands (Mrs. bers; funding for AIDS Education and name from a brave little boy who was CHRISTENSEN) is recognized for 5 min- Training Centers; dental reimburse- not only a pioneer but an inspiration. I utes. ment programs; and funding for special did not know Ryan, but I do know his Mrs. CHRISTENSEN. Mr. Speaker, in projects on innovative models of HIV mother, Jeanne, and so on her behalf 2 days, the Ryan White CARE Act will care and service delivery, among other and on behalf of the patients I have expire, and though it will continue services. served, and all of those infected with under its current authorization, as this As a physician who has treated peo- HIV or who have AIDS, their families, landmark and life-saving Act expires, ple living with HIV and AIDS, I know as well as all of the dedicated care pro- it is almost as though a light expires as well how critical these services, espe- viders, I ask that we not let this lapse well, a light of life and hope for the cially access to medications that slow in our moral responsibility be pro- hundreds of thousands of Americans the progression of HIV to AIDS, are to longed. who have depended upon it. improve the quality of life of those Let us do the work we are entrusted We all know how disproportionately with AIDS, are to the health and well- to do and reauthorize and modernize an the HIV/AIDS epidemic has, and con- being of and the care of people living even stronger, better Ryan White tinues to, affect the African American with it. CARE Act. community. In fact, since the begin- The CARE Act, though, is particu- ning of this epidemic, African Ameri- larly important to the community that f cans have been hardest hit. This is not is hit the hardest, year after year, the RYAN WHITE AIDS CARE ACT only due to adverse lifestyles but also African American community. About largely due to the poor level of serv- half of all Ryan White CARE Act cli- The SPEAKER pro tempore (Mr. ING- ices, lack of insurance and the intrac- ents are African American. LIS of South Carolina). Under a pre- table poverty where too many people of More than eight in 10 clients at the vious order of the House, the gentle- color are trapped. Title IV clinics who receive important woman from California (Ms. WATERS) is As shocking as the statistics are one medical care, case management, child recognized for 5 minutes. year, they get worse the following care and other services, are people of Ms. WATERS. Mr. Speaker, I would year. color, the majority of whom are Afri- like to thank the gentlewoman from Nearly half of all people living with can American women, children, youth the Virgin Islands (Mrs. CHRISTENSEN) HIV and AIDS in the United States are and families. for organizing this series of Special Or- African American, and the AIDS case We must recognize that when the ders on the reauthorization of the rate for African Americans is 9.5 times Ryan White CARE Act was created and Ryan White CARE Act. that of whites. passed, the face of the HIV/AIDS epi- The Ryan White CARE Act is essen- About six in 10 children to HIV-in- demic, the unmet needs of those living tial for millions of Americans who are fected mothers are African American. with HIV disease, and the medical living with the AIDS virus and millions Sixty-five percent of the AIDS cases management of HIV and AIDS were more who are at risk of becoming in- among young people, 13 to 19 years of much different than they are today. fected in the future. age, are in African Americans. Furthermore, great strides in med- The Ryan White CARE Act was AIDS is the leading cause of death ical technology have slowed the pro- passed into law in 1990, 10 years after for African American women, 24 to 34 gression from HIV to AIDS, allowing the beginning of the HIV/AIDS epi- years of age. people with HIV disease to live longer, demic, to provide a comprehensive ap- This epidemic creates generation healthier lives. The CARE Act should proach to AIDS prevention, treatment, gaps in black families, leaving children be authorized in a manner that allows patient care and community support to be reared by grandparents or other it to fully respond to the health and for people affected by this dreadful dis- guardians, and the startling number of health care needs of those most at risk ease.

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