Political Quotes

“I am from New York's 20th Congressional District, the home of Saratoga, New York. We like to say it is the home of horse racing. It certainly is the home of the oldest flat track in the Nation, the proud home of Funny Cide, the winner of the Kentucky Derby and the Preakness. While we are a little less jubilant today than we were, maybe, a couple of days ago, we are still very bullish on the whole idea and the whole horse racing industry. I am also the cochairman of the Congressional Horse Caucus. I want to talk a little bit about how important this rule is and this underlying bill is to horse racing and the horse racing industry. U.S. horse racing is regulated by Federal and State laws. It is in fact the most highly regulated form of entertainment sports initiative in this Nation. The specific concerns expressed by many in this Congress about offshore international wagering, the integrity of operators, the identity of the participants, consumer fraud, and money laundering are not an issue as it relates to horse racing. Horse racing is a $34 billion domestic industry, along with the agribusinesses that it supports.”