Political Quotes

David Thomas: I do believe it may have the unfortunate consequence that the gentleman from Florida has indicated, and that is that a…

On the recordJuly 25, 2001
I do believe it may have the unfortunate consequence that the gentleman from Florida has indicated, and that is that a wholly unnecessary flight of capital, not just out of Florida but out of the United States, at a time when obviously people are looking to this country; notwithstanding our current economic concerns, they are still placing enormous amounts of capital in this country because of a reasonable return and primarily because of the security or low risk. We ought not to rock that boat unnecessarily. I rise in concern on this amendment to the Postal Treasury bill because it is an amendment prohibiting monies being spent on a proposed regulation; and I do believe that is fraught, if in fact this practice were to become popular, with really completely disrupting the rulemaking process in the administrative branch.
Said by
David Thomas
New York

Editor's note · Context

Addressing concerns about a proposed regulation during a discussion on the Postal Treasury bill.

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