Political Quotes

“I chair a subcommittee dealing with the oversight issues dealing with the Education and Labor Departments. We are going to kind of take our colleagues through what we have found in our investigations, and some of the things are quite disappointing. On the other hand, there are some things that have been very, very exciting. Let us start where we should, since we have responsibility for this agency, taking a look at the Department of Education here in Washington. This is a Department that spends approximately $40 billion per year. It also manages a loan portfolio in the neighborhood of $80 billion to $100 billion. So this is an agency that, under its control, has about $120 billion to $140 billion. It is a pretty large corporation if it were in the private sector. Let us reflect back as to what we envisioned for an organization like this.”