Political Quotes

“The reforms in many areas of this bill far outweigh the compromise of the committee machinations that were made over in the Senate. Believe me, it is no small point, and it is one not lost on me. Our product, I believe, is far superior. The Senate's, as the gentleman points out, is weaker than ours. But I believe that the colloquy between Chairman Frank and Chairman Skelton will help us resolve that. Chairman Frank says it is the intent of this Congress that there is a consensus on the CFIUS, and he agreed to work with Chairman Skelton and the Defense Authorization Act to correct this. But taken as a whole, this bill is far superior than current law. It must be enacted, and the sooner the better. Let me reiterate, the rest of the world is watching us here today. We are passing a balanced bill that does not forget the importance of FDI to our economy, but it protects our ports and our homeland to the extent that this Congress is able to do it. I believe that we must act quickly. We have been stymied for a year now. We can't afford to send the wrong message. It means that American jobs will be lost, and we will be no safer for prolonging this process. This bill protects our economy, but also the ultimate protection is to our homeland. I urge passage of this bipartisan bill.”