Ed Royce: “Thank you, Mr. Broun. I will only take a minute here to close. You know, I am also for pure research in science. I am…”

“Thank you, Mr. Broun. I will only take a minute here to close. You know, I am also for pure research in science. I am for scientific research where we can drive progress in the United States. But as I shared with you earlier, I am a former capital projects manager, and one of the things you learn is to identify those projects which have some ability conceptually to have a return on investment. All right? When you run into a project which is not only on the face of it uneconomical, but one which is hazardous, and on top of that you see a listing of all the ways in which you would extract energy at much less cost than you would ever get to this, and it would be the very last resort on the list, you would not keep that on your list of capital projects to entertain. And I can tell you this. If you were constricted in your budget, especially if you were going out and borrowing 40 percent on the dollar for your budget, you would certainly take this off the list of capital projects that you would commit to. So I commit to you, it is only logical at this point that we pass this amendment and we incrementally at least make progress where we know we can on reducing the borrowing and send back a little vote of confidence to the market that all of us here, when we see an opportunity, are going to shave back Federal expenditures in areas where there cannot possibly be a return on that investment for the taxpayers of the United States.”