Finally, I would also like to draw attention to the notion of, sort of what I am characterizing in my fear as that repayment is a myth fear. Under the manager's amendment, if a State program is somehow going to incur losses that exceeds its maximum liabilities, shouldn't it have to show how it is going to prevent that in the future? And there is no point in the manager's amendment where there is that reporting requirement. Again, I don't think that is onerous. I don't think it is difficult, but I think it would be a good idea to require a State before they make a claim or before they default to come forward and say, look, this is how we are going to avoid this in the future. I think it is a de minimis reporting requirement.
Peter Roskam: “Finally, I would also like to draw attention to the notion of, sort of what I am characterizing in my fear as that…”
Editor's note · Context
Discussing the need for accountability in state programs under the manager's amendment.
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