Spencer Bachus: “Wouldn't it be a better approach to say, 'Take all that out, and then send it to us?'”

However, my continued concern is that the program threatens to dry up legitimate sources of credit and financing.

The program also can deny legitimate merchants access to financial networks they need to survive.

My Democratic colleagues have said they want to wrap this up. So let me just simply say to you that this is having the effect of shutting down these companies, whether that was intended or not.

Those left on the short end can often be the people who have the greatest difficulty in getting any credit at all.