Political Quotes

Peter Roskam: I had previously presented or put at the desk 11 amendments to the manager's amendment that I am not going to be…

On the recordNovember 8, 2007
I had previously presented or put at the desk 11 amendments to the manager's amendment that I am not going to be offering this afternoon. Instead, and in the interest of time, since I wasn't seeking roll calls on them, anyway, I just raise a series of questions that I am putting forward in good faith. They have been brought to my attention by our staff. Some you may have answers for; some you may have contemplated. Others you may say, let's think through that a little further, because my sense is, while the House is about to act, this is still very much a work in progress on Capitol Hill when it goes to the other Chamber. The first question I had is the term 'capital liquidity shortage.' It is a term that is used exclusively in the text of the bill itself, but it is not defined anywhere else. It is not a legal term of art that I am aware of. We have done some Google searches on the Internet, and it is a phrase that is unique to this bill. It is not defined. My concern is that it could create, really, the maximum liability that could be incurred at any time. I am wondering if the gentleman from Florida is open to further defining 'capital liquidity shortage'? And I will be happy to yield.
Said by
Peter Roskam
Republican · Illinois

Editor's note · Context

Raising concerns about the definition of 'capital liquidity shortage' in a bill during House debate.

Share

More from Peter Roskam

Feb 5, 2018

Fourteen percent. So, in other words, 14 percent of people who are on it 7 days or more, they are addicted.

congress.gov
Apr 11, 2018

What is presented as a tariff on foreign steel has become a tax on U.S. manufacturing.

congress.gov
Mar 20, 2018

I am pleased with your progress to modernize NAFTA.

congress.gov
Mar 6, 2018

What we did with it is we doubled it so that the family tax credit is now doubled. So, you know, when folks say, ``Well, I don't like this tax plan,'' really? You don't like doubling the child tax credit? So there was very much an…

govinfo.gov

Other voices in this conversation