Jim Jordan

Here is a company in bankruptcy, 74 percent owned by the American taxpayers, and just because the board of directors at the company says, you know what, even though we are in bankruptcy, we think our CEO needs to make half a million…

Well, that is great to hear, that you are going to consider them in the future. I mean, it has been five years, repeated requests to do things different, and we have the same old thing.

So you are getting the same statement from the special master that you are getting from the companies, and the special master makes the decision on information they get from the companies, the very companies the taxpayers are bailing out.

I was telling the staff the other day, when I first looked at it, my background coaching, working with student athletes...

I hope you are getting more than that. Frankly, I hope they are getting more than that when they are making their decision.

The standard has not changed; the Treasury rules are the same, regardless if it is a new person.

The fact is the statement is the statement, and it was sold to the American people on the simple premise we are capping it at $500,000.

We do need some controls put in place. The taxpayers are surely getting a bum deal here.

So it is not just your good work at your office, which has been exceptional; it is because that is what the people in charge of our Government told the American taxpayer they were going to do, and it is not being done.

Are we going to have to look at some legislation?

What is the remedy? Obviously, they are not going to listen to you.

Frankly, I didn't realize it was this bad; that you are asking Ally, 74 percent owned by the taxpayer...

This is amazing. This is like me asking, when my kids get in trouble, me asking them what kind of punishment do you want.

So they get to be the judge, jury, and the decider in the whole thing, and they are the very company getting the taxpayer dollars in the first place.

Collins is exactly right. The American taxpayers are like, we were told X and we are getting Y, and we are sick of it.

The American people, what they hate is when they are told one thing and they see something else happen.

So only six above half a million in 2009, when you were looking at seven companies. And today, when you have three companies, you have 23.

They haven't even held to the standards they created.

The taxpayers get a say on pay, too.

So not exactly making these guys sweat, right?

To quote President Barack Obama, if you have a business, you didn't build that; somebody else made that happen.

This hearing is about following the law and about an administration keeping their word.

This program was an overall success and millions of people are employed in this Country who otherwise wouldn't have been.

Treasury's failure to protect taxpayers is part of a disturbing pattern in which this Administration makes promises to the public, but then does not live up to them.

I want to end illegal immigration and undocumented workers once and for all in this country.