Mike Johanns said "I think the problem I alluded to in my statement was the credibility of that no backstop, and my suspicion is it would not be credible, so we would be back to an implicit guarantee." @ PoliticalQuotes.com

On the recordOctober 30, 2013

I think the problem I alluded to in my statement was the credibility of that no backstop, and my suspicion is it would not be credible, so we would be back to an implicit guarantee.

Said by

Mike Johanns

Republican · Alaska

Source

congress.gov

Editor's note · Context

Johanns discusses the credibility issues of having no backstop in legislation.

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