Political Quotes

“I will be brief, and then I will invite my colleague from Virginia to respond. Just a couple of quick points. First of all, relative to this significant economic impact language that my distinguished colleague from Georgia is talking about, that is already in the existing law, so we are not changing anything there. We are not saying it ought to say a significant economic impact. It already says that in the existing law. Both the bureaucrats and the courts are used to determining what the terminology like ``significant'' means under the rule or regulation or the law, just as what a reasonable man is. ``Reasonable'' is quite common throughout the legal structure. We are also not giving discretion to Ms. McMahon, the soon-to-be head of the SBA. It is to the Chief Counsel, and he is independent. I yield to the gentleman from Virginia (Mr. Goodlatte), our chairman.”