Robert Andrews actually said...

With respect to 60 percent of what is being called private loans here this morning, with respect to 60 percent of those loans the taxpayer is, in fact, absorbing the risk and we are paying someone a premium to take a risk with our money. Is that right?

Context

Andrews highlights taxpayer risk in private loan systems.

05/20/2009

https://congress.gov...

More Robert Andrews Quotes

What would it mean to the taxpayer who is sitting at home watching you testify today?
2/15/2011
a reckless cut like this obviously has a severe impact on the Department, and that is regrettable.
2/15/2011
So you wouldn't have the personnel to update and run the Web site.
2/15/2011
Now, I understand that the budget on the floor today would cut nearly $100 million from OSHA's budget, almost a 40 percent cut.
2/15/2011

View All Robert Andrews Quotes