John W. Olver: “I urged, and persuaded actually, I think, the chairman to raise that to the President's request, to $64.5 million…”

“I urged, and persuaded actually, I think, the chairman to raise that to the President's request, to $64.5 million, because I felt this was a very important agency. It is a front-line agency of the Department of the Treasury for fighting financial crimes and getting at terrorist networks. Now, the President has never been very shy about asking for large sums of money increases if he really thought that those were necessary. He has asked for some other agencies within this legislation for at least a 50 percent increase in the monies. The amendment that the gentlewoman from New York has now offered has grown since I first heard about it earlier this evening from about $8 million, which I probably would not have bothered to stand up for, but now it is $25 million, on top of what is already the President's full request for this agency. There has been no information given to me, as the ranking member, from any of the people who are saying this is an important thing to do that we need this kind of an increase.”