Political Quotes

“The point is that here we have this Tetracofico that includes these four items, including the giant money bag that we know from the original bill was a $12 billion item. It is not here, but guess what is coming, folks. Guess what is just around the corner. You create this quango, and this quango is going to end up being a gargantuan quango with a lot of real big dollars connected with it. Then and only then, after everything is passed through this centralized marketing, does it get out here to the new businesses. The fact is the way the system now works is, these universities, these Federal agencies, these Federal labs can work directly with the new businesses right in their own communities or within their own States or nationally. They do not need to go through this centralized mechanism. They do not need a quango to deal with each other. What is happening right now under the law, under the procedures in place, is that these agencies, these Federal labs and these universities are working with new businesses. We are creating technology transfer that is increasing on a regular basis. As I said, GAO says that under this act, it is up 27 percent. That is exactly the direction we ought to continue to go. To create the Tetracofico, to create this giant quango, this gargantuan new centralized bureaucracy, that is exactly what we do not need to do. I would urge that we defeat this amendment.”