Bill Posey: “I mean, who could possibly think the National Science Foundation gave you 150,000 bucks to spend on liquor, parties and…”

I would say if we eliminated the 10-basis points on top of guarantee fees today for payroll tax, that would go a long way, too.

Last month, a company in my district that makes outboard motors for its main customer, the U.S. Navy SEALs, was raided by armed agents of the EPA.

Whoever controls space will control the destiny of this Earth.

I thank the gentleman from Kentucky for yielding today. Today, the issue is rules reform. Let's answer some commonly asked questions about agency rules. Question number one: What is a rule? To be clear, rules were made by unelected…