The Federal prison population is growing. Over the last 15 years, the Bureau of Prisons' budget has increased from 15 percent to 24 percent.

That is going to reduce employment, reduce capital at-risk, reduce entrepreneurship, and reduce a tremendous amount of the American spirit.

This would be a way to take the whole United States investment management industry and send it out of the United States.

I think that it is actually one of the most terrible ideas that I have ever encountered.

But corporate tax reform should really be viewed as part of business tax reform, which is the subject of our hearing today.

Historically, you know, these kinds of offenses that would have been prosecuted by States would have resulted in convictions within the State penal system.

Doesn't that create kind of a free-rider problem that we can expect to continue to result in the continued expansion of this kind of problem?

In order to change that, we are going to need a change in policy, probably a change in legislation.

There seems to be a lot of interest around this country, and really around the world, in corporate tax reform.

It is critical that we approach this issue carefully and reasonably and responsibly.

Our problem is that we have really one of the stupidest budget processes that I have ever seen in my life.

Well, remember, that the House held Attorney General Holder, the Department of Justice, in contempt. It wasn't about him personally.

Just because the Bush administration did it and did it poorly doesn't mean they have an excuse to continue to do it.

We knowingly gave the drug cartels nearly 2,000 weapons. Mostly AK-47s. And there didn't seem to be an adult in the room that said, do we really do that? Maybe this is a bad idea.

I mean one of the things that brother me personally is you have the acting director of the ATF, Kenneth Melson, in almost 2 1/2 years that he was there, he met with his boss, the attorney general, Attorney General Holder, one time.

One of the things that brother me personally is you have the acting director of the ATF, Kenneth Melson, in almost 2 1/2 years that he was there, he met with his boss, the attorney general, Attorney General Holder, one time.

I think it's a larger, more systemic problem because part of what the report cites is the lack of communication between ATF, the DEA, the FBI and certainly the Department of Justice and also Homeland Security, because ICE was also heavily…

Well, just because the Bush administration did it and did it poorly doesn't mean they have an excuse to continue to do it.