On the recordMarch 13, 2012
We're at a crisis. We're running out of money and we need to do this as a core function of government.
Said by
Ben Nelson
Source
congress.govWe're at a crisis. We're running out of money and we need to do this as a core function of government.
Nelson highlights the financial crisis affecting government functions.
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Dodd-Frank contained critical protections to ensure that non-financial end users who use futures contracts in a legitimate manner to hedge against higher prices would not be hampered by unnecessary regulations.
We have made conscious decisions to have a balanced program, and part of those decisions has been to accept a higher risk and to manage that risk.
How are we going to make it work? How are we going to, over a longer strategy, make the dollars work to meet the obligations we've undertaken?
These programs are central to our national security. They deserve full, bipartisan support.