Political Quotes

“I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 116, after line 10, insert the following: SEC. 411. REPORT ON TERRITORIAL DEBT. (a) Report Required.--Not later than one year after the date of the enactment of this Act, and thereafter not less than once every two years, the Comptroller General of the United States shall submit to Congress a report on the public debt of each territory, including-- (1) the historical levels of each territory's public debt, current amount and composition of each territory's public debt, and future projections of each territory's public debt; (2) the historical levels of each territory's revenue, current amount and composition of each territory's revenue, and future projections of each territory's revenue; (3) the drivers and composition of each territory's public debt; (4) the effect of Federal laws, mandates, rules, and regulations on each territory's public debt; and (5) the ability of each territory to repay it's public debt. (b) Materials.--The government of each territory shall make available to the Comptroller General of the United States all materials necessary to carry out this section. The Acting CHAIR. Pursuant to House Resolution 770, the gentleman from Alabama (Mr. Byrne) and a Member opposed each will control 5 minutes. The Chair recognizes the gentleman from Alabama.”