Political Quotes

On the recordFebruary 7, 1995
I would like to use this 1- minute to inform my colleagues that within a matter of minutes this House will be given the privilege that the President of the United States did not give us; and that is, to decide for ourselves whether or not we thought the Mexican bailout was a good idea. The privileged motion that will be before the House in just a few minutes is to require the comptroller general to tell us if the law was obeyed when the President used $20 billion from the stabilization fund to bail out Mexico. It will further give us a report of all the transactions for the past 24 months so that we can have some sort of an idea if this is being done on a daily basis, has become a regular thing, or something of a one-time thing. Getting to what the gentleman from Indiana [Mr. Burton] said, there is a reason for getting this information. First, we have to isolate the problem so that later in this session we can offer a solution. And the solution to that should be that this fund, like every other fund in the budget, has to be appropriated. Members of Congress have to know how much is in it, what are our risks, and there ought to be an up or down vote by this body as to whether or not this should exist. First of all, we need the information to show the American people that the purpose of this fund has been abused. ____________________
Said by
Gene Taylor
Mississippi

Editor's note · Context

Addressing the House about the need for accountability regarding the Mexican bailout.

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