Henry Waxman actually said...

"I believe a lot more in public investment because the pharmaceutical engineers are not going to make a lot of investment in this area when their research investments can result in a blockbuster drug."

"Hon. Henry A. Waxman, a Representative in Congress from the State of California, opening statement."

"I hope we will discuss today another approach to getting new antibiotics on the market."

"We want to make sure they get a profit so that we want to guarantee we could take their investment, guarantee a certain percentage, and say that is how much the government will pay you."