Patrick Toomey actually said...

"There is a big, big difference between a payment default on our debt and the other kinds of payment disruptions."

"My concern is that this distorts markets, intentionally, actually."

"Thank you, Mr. Chairman. I would like to commend you. I think this is a very sensible and very thoughtful proposal that lays out a phased implementation that makes a lot of sense and, frankly, is very..."

"I think we need to thoroughly examine this issue and make sure that we don't apply a solution in search of a problem."