I think from a technical standpoint, that is what I will do. I am relying on the good faith of Treasury, and we are going to go forward with this investigation. I would hope that they will simply acknowledge this misconduct, which I think the IG has, and that this program gets cleaned up.
Addressing concerns about misconduct in a Treasury program during a floor speech.
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More from Spencer Bachus
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.
I would simply recognize Mr. Petri's and Ms. Tsongas' contributions in helping Mr. Kilmer with this amendment--and there may be others. I want to express to the full committee chair our appreciation for supporting this amendment, and I…
However, my continued concern is that the program threatens to dry up legitimate sources of credit and financing.
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