Ron Klein: “I like to see, when someone comes forward, that they put their hand up and say, I swear to tell the whole truth. I can't…”

There is no money that under this program goes to the State. It goes to the participants of the risk catastrophe funds. Those are independent.

I am an eternal optimist, like everyone in the Chamber, Democrats and Republicans. I feel the American people are up to the challenge. We are up to sacrifice. And we're going to do this. And we will convince the administration along the…

As we've been working on this for the last number of months, in speaking to people at home, to economists, to experts, to businesspeople from the Reagan administration or from the Clinton administration, and to everything in between, I…

The way this is designed is that the loans are structured between the risk catastrophe fund and the Treasury under terms and conditions that are acceptable to the Treasury. Now, if there is a default under those terms and conditions, it's…