Jeff Flake: “I will just finish. I will say again, let's not authorize a new program when we concede that there is considerable waste…”

“I will just finish. I will say again, let's not authorize a new program when we concede that there is considerable waste in the current program. To say that we simply can't address what is in the past, these programs are continuing forward. Let's simply say, let's take from this formula, the money that is distributed by formula and favor, and apply it toward the real risks out there, rather than creating new authorization for new spending on programs that can be taken care of elsewhere. Mr. Chairman, I yield back the balance of my time.”