On the recordJuly 25, 2012
Let me get this straight. We have passed a bill on a bipartisan basis that directs that rules be written, and then we want, when the rules are written, to have it come back to Congress so that we can approve those rules. Tell me, first of all, what sense that makes. Second of all, the gentleman obviously is not aware of some of the corporations that have started off as micro enterprises if he does not believe that this measures up to his $100 million, or whatever the threshold is. Let me read him some of the companies that started off as micro enterprises. What about Google or Apple or Instagram or Microsoft or Facebook, a whole litany of people that, were this 75 percent reduction in fees not in effect, might have been discouraged from ever even applying for a patent. So this notion that this doesn't add up to $100 million, or whatever this threshold is, is just false. The notion that we would tell the administration to adopt a set of rules and then say, okay, we're going to micromanage you and you've got to come back over here so we can cross your T's and dot your I's in a noncontroversial way like this and delay the process of innovation in our country is just nonsensical. I yield back the balance of my time.
