Well, my esteemed colleague from Massachusetts is at least talking about my amendment now. That's progress. He used the term ``black hole.'' I'm sure he knows, since scientists at MIT in his home State have investigated black holes extensively, that there is mounting evidence that the universe could not exist without black holes. So I think it would be appropriate in this bill to put at least one black hole in this because it would enhance the viability of the overall program. Again, we are trying to protect the taxpayers who are putting up the money or the loan officers who are sending the money to the U.S. Treasury in terms of government bonds to pay for this program. We are not attempting to change the loan program. We think the loan program itself is an excellent idea if you're going to have this type of a program. We simply want to protect the taxpayers and also point out, once again, that the underlying bill is a 2-year bill. We don't want a self-perpetuating loan program that would take on the form of an entitlement. So vote for the Barton black hole amendment, and let's put some limitation on taxpayer liability.
Joe Barton: “Well, my esteemed colleague from Massachusetts is at least talking about my amendment now. That's progress. He used the…”
On the recordMay 6, 2010
Editor's note · Context
The speaker discusses an amendment related to taxpayer protection in a loan program.
Share
More from Joe Barton
Dec 10, 2018
I think it is a measure of President George H.W. Bush that we all think of him as a personal friend. It is literally true that he had tens of thousands, possibly hundreds of thousands, of men and women who considered themselves personal…
Jul 23, 2018
It doesn't change the basic mission statement. It doesn't change the authorized level of the Strategic Petroleum Reserve.
Jul 23, 2018
I don't want to speak for the Department of Energy, but the draft legislation allows, without going through the appropriation process, funds generated by using this facility for private purposes to be used for maintenance of the facility.





