06/17/2014
https://congress.gov...
"Congress cut the CO-OP loan funding program from $6 billion to $3.4 billion; is that right?"
"And if Congress had not made this program budget neutral, would it be fair to say that the payments from the risk-corridor program would have likely made a difference in keeping a lot of these CO-OPs ..."
"What's the public interest in having that Federal backstop for these small boats?"
"I want to thank our witnesses for coming today, and I want to start with the risk-mitigation mechanisms in the law, which we commonly refer to as the three Rs, as I mentioned earlier."