John Mica

Is it as bad in grants as it is in contracts as far as not compliance with getting rid of the bad players?

Well, most of this effort has been to seek some justice in the pension, but the healthcare is actually--you have not been able to pursue.

The Pension Guaranty Fund, which was supposed to help you, did not help you.

The losses were staggering, or the indebtedness of the healthcare, a huge portion of that.

So they used taxpayer money also to underwrite that.

The topping up of the unionized retirees' pensions was about $1 billion, but the UAW got $30 billion in perks from the bailout.

The total amount that the taxpayers are going to end up paying, are you familiar with it? I heard the estimate is $17 to $20?

It is just deplorable that these agencies of government would be so non-responsive both to Congress and the courts.

It may be necessary to go after additional folks in different agencies.

I have never seen an era in which they have denied at least the rightful committees of Congress information.

So, basically a political decision, and just excluding a class which happened to be the salaried workers.

And I think historically, many plans that were terminated performed far worse than that. In fact, that was a pretty high funding and performance level?

Actually, they got shafted even though they had been part of the principal parent company.

New GM was a creation of the taxpayers. It was capitalized and created by the Treasury, and all the initial operating funds they had came from taxpayer funds.

Americans deserve an efficient and effective government that works for them.

Americans have a right to know that money Washington takes from them is well and justly expended.

I did not vote for TARP. I did not vote for the bailout.

And I look forward to working with the chairman, and I yield back the balance of my time. Amendment No. 2 Offered by Mr. Murphy of Florida

I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 15, line 25, after the dollar amount, insert ``(reduced by $23,334,000)''. Page 19, line 8, after the…

I have an amendment at the desk. It's Mica amendment 8, designated and preprinted. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 15, line 25, after the dollar amount, insert…

I think folks want people held accountable who have misused their position, cost the taxpayer money.

Has anyone--did you see--anyone seen a squirting fish?

I would say that IRS has taken government arrogance and wasteful spending to an absolutely incredible level.

I think all of the $135,000 on the conference speakers.

The only thing that turned this whole spigot off was the hearing that we did.