Joseph Pitts actually said...

"Yet as we now know, this promise was simply not true."

"I think it is unacceptable that the administration continues to give Americans the false impression that this promise is somehow true."

"I am particularly interested in better understanding what we can do to make it more attractive for companies and venture capitalists to invest."

"We must take a fresh look at the challenges facing innovative companies and make certain the right incentives are in place."