Political Quotes

On the recordAugust 1, 2012
I thank the gentleman from California for yielding. First, I want to rise and thank Chairwoman Ileana Ros-Lehtinen for her continuing leadership and focus on this important issue, as she does on so many other issues as well. Mr. Speaker, let me thank my friend, the gentleman from California and ranking member of the Foreign Affairs Committee, Mr. Berman. His leadership on this issue in Congress is second to none, and I commend him for his work. This is a bill I expect will pass with overwhelming support in both parties and for good reason. Iran cannot be allowed to develop a nuclear weapon. America's policy, as President Obama has stated, is prevention, not containment. We have many tools at our disposal to prevent Iran from obtaining nuclear weapons technology. While President Obama is keeping all options on the table, the best diplomatic tool we have to deter Iran is the sanctions regime his administration has expanded along with our allies in Europe and elsewhere. These sanctions have already had a significant effect, and Iran continues to face the prospect of severe economic repercussions if they fail to abandon their nuclear weapons plan. President Obama deserves credit for his tough stances. The new sanctions this legislation would impose target entities conducting business with Iran's insurance, energy, and shipping sectors. As a result of prohibitions on repatriating oil revenues, these sanctions would deny Iran 80 percent of its hard currency earnings.…
Said by
Steny Hoyer
Democratic · Maryland
Source
govinfo.gov
Aug 1, 2012

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