On the recordJune 26, 2014
Let me just say, there is an excellent report from the Congressional Research Service on this subject that makes clear that it is not illegal or in violation of contract law. The argument is very sustainable. And it is not the oil company that gives me heartburn, to my dear friend. I would think any of us would have heartburn if the Federal Treasury, the taxpayers, were cheated out of $25 billion to $50 billion due to an error or an omission. That ought to give heartburn to anybody. This amendment will fix it. I yield back the balance of my time.





