OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

No Federal Funds For Corporations Convicted Of Felonies

Floor Speech

Date: Oct. 6, 2009
Location: Washington, D.C.
Issues: Government Budget and Spending Criminal Justice

Ms. McCOLLUM. Madam Speaker, last week I introduced legislation to cut off Federal dollars to corporations that are convicted of felonies. Presently, corporate crooks are allowed to continue to receive taxpayer dollars, and that's wrong.

I urge my colleagues, Republicans and Democrats, to cosponsor H.R. 3679, the ACORN Act--the Against Corporations Organizing to Rip-off the Nation Act of 2009, and end waste, fraud, and abuse of billions of taxpayers' dollars.

Last month, Congress took action to defund nonprofits serving America, but it failed to act against the corporate crooks that are actually guilty of felonies--including defrauding taxpayers.

Why are companies that break the law as a business strategy allowed to receive taxpayer funds? A government contract is a privilege, not a right, and if a company commits a felony against the people of the United States, then that privilege must end.

It is time that Congress get serious and end taxpayer funding of corporate cheats, crooks, and criminals.

I urge support for H.R. 3679.

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