Political Quotes

“Mr. President, we are down now to passing what we have tried to pass so many times, this small business assistance bill, which is going to create a $30 billion lending facility that will work through community banks. The small business lending fund will generate $300 billion of loans that will specifically be targeted to small businesses to help get our country moving again economically. This is huge. But right now we are stuck on this issue of whether businesses are going to have to file these 1099 forms anytime they make purchases of goods. The Senator from Nebraska wants to eliminate all of the new information reporting rules. That is a salutary result. But how does he propose to do it? He has to come up with a way to pay for it. The underling law raises about $17 billion, so he has to come up with a pay-for if he is going to repeal it. Where does he get it? He basically goes directly at the health care bill, the reform bill, and he starts to gut the health care reform bill. This Senator does not think that is a very good idea, particularly since what the Senator from Nebraska is gutting is the subsidies that allow people to purchase health insurance who presently are uninsured. The amendment of the Senator would reduce the number of people that purchase coverage through the health insurance exchange.…”