Political Quotes

“I ask unanimous consent that the text of the bill be printed in the Record. There being no objection, the text of the bill was ordered to be printed in teh Record as follows: S. 3637 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. INSURED DEPOSITORY INSTITUTION TRANSACTION ACCOUNT GUARANTEE PROGRAM. (a) Extension.--Notwithstanding any other provision of law that would repeal subparagraphs (B) and (C) of section (11)(a)(1) of the Federal Deposit Insurance Act (12 U.S.C. 1821(a)(1)) on January 1, 2013, such subparagraphs shall remain in effect until December 31, 2014. (b) Prospective Repeal.--Effective on January 1, 2015, section 11(a)(1) of the Federal Deposit Insurance Act (12 U.S.C. 1821(a)(1)) is amended-- (1) in subparagraph (B)-- (A) by striking ``deposit.--'' and all that follows through ``clause (ii), the net amount'' in clause (i), and inserting ``deposit.--The net amount''; and (B) by striking clauses (ii) and (iii); and (2) in subparagraph (C), by striking ``subparagraph (B)(i)'' and inserting ``subparagraph (B)''. (c) Cost Recovery.--The Federal Deposit Insurance Corporation (in this section referred to as the ``Corporation'') shall fully offset, in each calendar year, any estimated losses to the Deposit Insurance Fund established under section 11(a)(4) of the Federal Deposit Insurance Act (12 U.S.C.…”