On the recordMarch 11, 2011
We heard throughout the debate there needs to be a consistency, a consistency of debate. So let me get this right. A payday lender is guilty of predatory lending if they loan money to somebody who is underwater, to somebody who may be struggling, but if the Federal Government does it, it's something else. It's noble. I don't see the consistency in the debate there, Madam Chair. But again, most importantly, when does the day arrive that we quit spending money we do not have? I say today is that day.
