Obamacare is bad policy. I've said from the beginning and I do believe that, but it was created during a super majority.

I expect some leadership from the president of the United States. He doesn't get a pass just because he feels, you know, that our position is unreasonable.

I want to see a resolution. I want the government turned back on... Harry Reid's very -- I feel comes across very, very arrogant, and very obstinate, I think he's only making it more difficult to get to a resolution.

Listen. When two sides dig in, the House and Senate dig in, that's the -- that's the time the president comes, has people over at the White House... But instead of sitting down and say, all right, let's have a conversation, what -- how can…

But by capping the liability, the reinsurers and insurers understand this is what I have to price for...

And if the smaller companies can't participate, you are left with just the larger companies.

If anyone doesn’t believe that, then they don’t know the history of this Congress, and Hurricane Sandy is a good reminder.

This is about protecting the taxpayer as much as we can. This is the fiscally conservative, prudent way to do so.

I also want to thank Ranking Member Waters and my fellow colleagues on the Financial Services Committee for holding this hearing to examine the Terrorism Risk Insurance Act of 2002, which we all know as TRIA.

no one is saying that TRIA prevents terrorism. This is all about recovery from a terrorist act.

I would posit--and I mentioned in my remarks, that when it comes to the workers' comp portion...