Political Quotes

Mark Hatfield: this amendment offsets $4.1 million for the Federal Rail Administration. There is a loan program where $4.1 million can…

On the recordJuly 30, 1996
this amendment offsets $4.1 million for the Federal Rail Administration. There is a loan program where $4.1 million can, in effect, leverage $75 million in guaranteed loans. This is basically geared for some of the rail problems in the smaller areas, or the less populated areas. It has been cleared on both sides. It is budget neutral. As I say, it has been offset for that transfer of moneys.
Said by
Mark Hatfield
Oregon

Editor's note · Context

Discussing an amendment related to funding for the Federal Rail Administration.

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