Political Quotes

“It has been estimated that approximately $10 trillion--with a T, 12 zeros--worth of small, privately owned, and family-operated businesses will be sold or closed in the coming years as baby boomers retire. Mergers and acquisitions brokers, or M&A brokers as they are often called, will play a critical role in facilitating the transfer of ownership of these small, privately held companies. If you were here earlier today, you would have heard me issue a red herring alert. This is exhibit A, what we are dealing with right now, as to what that red herring alert is and as you are hearing from my colleagues on the other side of the aisle. This is exhibit A, what I used to use as an example of Washington working. Last Congress, I had this exact bill, and it passed this body unanimously. Let me repeat that--unanimously. There were zero votes against it. It went on as a suspension bill. It went on suspension because it was noncontroversial. It was agreed that this was the right direction to go. Unfortunately, I now have to use this bill and my portion--this amendment that we are dealing with--as an example of how D.C. is broken, and we wonder why the American people are cynical. Let's get to the heart of the matter. Why do we need to do this? Why do we need to address this particular issue regarding these M&A brokers?…”