Xavier Becerra: “I thank the gentleman for yielding. Mr. Speaker, I just want to respond to my friend from Illinois and some of his…”

“I thank the gentleman for yielding. Mr. Speaker, I just want to respond to my friend from Illinois and some of his comments, and my friend from Oregon. The Clinton Foundation, great that you raise that because, see, the Clinton Foundation has raised a lot of questions in the minds of some. At least, some are trying to politicize it, whether you agree or don't agree with the money that came, because some money did come from foreign sources. This bill would terminate the need for the Clinton Foundation to report any sources of its income. So, if you are concerned that the Clinton Foundation has gotten some contributions from foreign sources, this bill makes it worse because, under this legislation, the Clinton Foundation wouldn't have to report any of those contributions anymore. And so that is the craziness of this legislation. It is not speculation to say what will happen. We have gone from virtually zero spending by social welfare organizations that are tax exempt for political purposes to, now, these social welfare organizations spending more than the political parties spend together. So it is not speculation. The expert from the Joint Tax Committee said so himself. This is what will happen, could happen, if we pass this legislation. Please reject this bill.”