Political Quotes

David Vitter: “I want to go back to the broader issue of not just the formal moratorium in deepwater, but the de facto moratorium in…”

On the recordAugust 16, 2010
I want to go back to the broader issue of not just the formal moratorium in deepwater, but the de facto moratorium in shallow water and the threat of unreasonable regulation.
Said by
David Vitter
Republican · Louisiana

Editor's note · Context

Senator Vitter addresses concerns about shallow water regulations and their economic impact.

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More from David Vitter

Dec 5, 2016

I thank the Senator from Louisiana for his very kind remarks. More importantly, I want to thank him for years of great partnership, great work on behalf of Louisiana. I know he will make an outstanding senior Senator. Thank you. I yield…

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Why isn't this crystal clear proof that an entity as big as Wells is not only too big to fail, but it is too big to manage and it is too big to regulate?

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We need to get out of this cycle of slashing State funding and replacing it with tuition increases because that can't go on without limit. It really risks affordability.

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So just as an example, Wells is the biggest participant in the SBA's 7(a) loan program.

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