Absolutely. Second, the focus of this bill is to discourage and chill economic joint ventures with Castro. Economic joint ventures do not involve residential housing properties, instead they deal with the broad commercial properties. So there were these two reasons for setting the $50,000 cap. I, myself, more than welcome the opportunity at some later point to lower the cap to zero.
Paul Coverdell: “Absolutely. Second, the focus of this bill is to discourage and chill economic joint ventures with Castro. Economic…”
Editor's note · Context
Discussing the implications of a bill aimed at limiting economic joint ventures with Cuba.
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