Political Quotes

“Mr. Speaker, it is true that from the very first moment that we began the movement for bankruptcy reform, farmers in Chapter 12 were always one of the priorities, and not a day passed in the formation of the new bankruptcy reform bill that we did not insist that the final version that we were going to pass in this House and hopefully in the Senate and sign into law would contain Chapter 12 permanency for our farmers. What happened was that even though we made measured progress by passing the bankruptcy reform bill overwhelmingly in the House and overwhelmingly in the Senate at different times, the conference that was then formed never came to fruition. When it finally did, and we did pass it and presented it to the then incumbent President, Bill Clinton, he allowed it to fade into oblivion through a pocket veto. So we are back at it again. We passed another bankruptcy reform bill. Again, we had the farmers in mind in Chapter 12, because we made it permanent. It is a permanent solution to a vexing problem, and it is in bankruptcy reform.”