I think the gentleman and I agree on the fact that the loan should be repaid and not be a grant, but I think we disagree fundamentally on how it would be administered. That's why this amendment is a backup amendment to make sure that the loans are repaid.
Discussing the administration of loans versus grants during a legislative debate.
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I yield 2 minutes to the gentleman from North Carolina (Mr. McIntyre). Mr. McINTYRE. Madam Chairman, I rise to speak in favor of the amendment that Congressman Manzullo and I have introduced to improve H.R. 4078, the Red Tape Reduction and…
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