The sponsor of the amendment indicated that OPIC costs us money. In reality, Mr. Chairman, let me tell my colleagues that OPIC makes money.
Editor's note · Context
Defense of the Overseas Private Investment Corporation's financial benefits.
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I appreciate the willingness of Chairman Hastings and the Committee to allow these questions to be inserted in the official hearing record.
It is a generous amount of money to administer this, and while it is a complicated process, and I think Mr. Feinberg has realized that it is even more complicated than the 9/11 Fund in many ways with a million claimants, it is not a…
We should compliment organizations such as that. It would hurt U.S. jobs, because when we have the inability to transfer our technology, to transfer our American interest to foreign countries, those jobs are going to go to other countries.
Congressman Bonner is here, my most constructive, admired critic, and Congressman Bonner knows better than most the program is not perfect.





