On the recordJuly 11, 2012
the government claims should not be subordinated to the claims of other creditors because subordination increases the risk of loss to the government and to taxpayers.
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congress.govthe government claims should not be subordinated to the claims of other creditors because subordination increases the risk of loss to the government and to taxpayers.
Whitfield emphasizes the risks of subordinating taxpayer claims in loan guarantees.
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Mr. Speaker, I yield 5 minutes to the gentleman from Texas (Mr. Smith), who is a real expert on energy issues.
However, most of this trend is due to sharply increased domestic oil production--something that few imagined was even possible during the Congressional debates over the RFS.
Mr. Chairman, I yield such time as he may consume to the gentleman from Texas (Mr. Olson).
Mr. Chair, I yield 3 minutes to the gentleman from Texas (Mr. Olson), the vice chairman of the Subcommittee on Energy and Power.