I voted against the direct lending program because I am concerned that we are going to end up with higher default rates under that program than we have gotten under this program, and to extend this exemption for another 5 years, I think, is unwarranted, nor has there been any evidence given on this floor as to why it should continue.
On the recordApril 12, 1994
Source
govinfo.govEditor's note · Context
Discussing concerns about the direct lending program during a House floor debate.
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