Political Quotes

William L. Clay: “There is a provision in your amendment that helps the automobile rental industry finance debt secured by their fleets.…”

On the recordJanuary 14, 2009
There is a provision in your amendment that helps the automobile rental industry finance debt secured by their fleets. This does not help the one company which is located in my district that uses unsecured commercial paper to fund the acquisition of their automobile fleet. Therefore, this omission puts them at a competitive disadvantage. And I understand that this was an unintended consequence, and I am asking for a minor correction.
Said by
William L. Clay

Editor's note · Context

Addressing a provision in an amendment related to the automobile rental industry.

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