Political Quotes

“The Republican leadership says this is not a bailout, this $40 billion; they say it is a line of credit. But if history is any indication, that line of credit will fairly quickly turn into a loan and that loan will fairly quickly evolve into a forgiven loan, and that forgiven loan will evolve very quickly, if history is any indication, into a $40 billion aid package. I have sent a letter to Speaker Gingrich this morning calling for hearings, that we need to slow down, that if we are going to consider this $40 billion aid package, that we as a Congress need the input of the American people, that we as a Congress need to understand better some of the issues involved in this $40 billion foreign aid package. I have outlined to Speaker Gingrich about a dozen questions that I would like to briefly mention, information that I think the American people need and this Congress needs before we can make a decision on this $40 billion foreign aid bailout for Mexico and Mexican wealthy investors.”