Political Quotes

“I thank my good friend from Alabama for yielding me time, and my friend from New Jersey and Mr. Huizenga for the sponsorship and leadership on this bill. I rise in strong support of H.R. 2274. We spend a lot of time in this Chamber talking about the American Dream, and of course in many cases the apex of the American Dream is when that entrepreneur who started a bunch of restaurants or car washes or a local retailer or a local service organization, after working hard over a period of a lifetime, has the opportunity to reap the rewards of that labor, to sell that business, and to really achieve that success an individual worked a lifetime to do. Of course, if you have run car washes or restaurants or retail operations, you probably know very little about the very complicated task of selling a small business. There is no reason in the world why that transaction, which again is at the very apex of the American Dream, should be overburdened by regulatory costs that don't make sense. At the end of the day, the M&A brokers that we are talking about here are not selling stocks to retail investors. They are not marketing mortgages. They are doing a very technical transaction that, again, is so important to wealth creation in this country. So I thank my colleagues on the other side.…”