Political Quotes

“I have got three simple reasons that I think the Pence amendment is good. First I would like to suggest, after serving 5 years in the Nixon administration, the wisdom and common sense in this body is just as good as it is in the Department of State that made this recommendation to the President of not having any loan. That is probably the biggest reason we are pursuing a no-loan provision. The second is what is the implication on our kids? Let me remind everybody we are borrowing this money which means our kids and our grandkids are going to have to pay it back. It is reasonable to have half of this money in a loan. The third reason that we want to pursue it is to try to encourage other countries to forgive part of their loan. And the language in the Pence amendment gives the administration the authority to bargain, to move ahead, to encourage other countries to forgive their loan. I say let us vote on the Pence amendment.”