With regard to the intent of last year's scoring change, I wonder if my colleague would agree that prior to that change, there was a discrepancy in the Credit Reform Act with respect to how administrative costs are counted, which tends to make direct loans appear less costly?
Discussing discrepancies in the Credit Reform Act related to administrative costs.
Share
More from Pete Domenici
to redress the balance between the Government acting in its discretionary capacity and the individual
If indeed you intend to have a bipartisan solution, then obviously you have to do some of the things we are talking about, some give-and-take.
Well, I would just say that, sometimes when we are working on trying to solve this fiscal problem, the recognition that a long-term fix is what is needed puts many people in the position that they do not know how you do that and do it now.