Peter DeFazio actually said...

I would suggest if we could find a dedicated revenue source; i.e., indexation, that we might borrow a bunch of money upfront on pretty short-term bonds that we could get for very, very low rates to really jump start the Trust Fund.

Context

DeFazio proposes using indexation to secure funding for the Trust Fund.

02/12/2013

https://congress.gov...

More Peter DeFazio Quotes

The whole thing stinks. And it just is so reminiscent of the run-up to the war just stampede of -- I mean, Congress is really easy to stampe...
9/30/2008
The whole thing stinks. It's just is so reminiscent of the run-up to the war and the stampede. I mean, Congress is really easy to stampede w...
9/30/2008
Secretary Paulson has submitted a simple proposal to Congress. This is it, three pages. It's about a billion dollars a word.
9/21/2008
I rise in support of the Democratic alternative and in opposition to the open-ended Republican resolution of inquiry
12/1/1997

View All Peter DeFazio Quotes