Political Quotes

On the recordJune 8, 2010
I ask unanimous consent that reading of the amendment be dispensed with. The PRESIDING OFFICER. Without objection, it is so ordered. The amendment is as follows: (Purpose: To increase transparency regarding debt instruments of the United States held by foreign governments, to assess the risks to the United States of such holdings, and for other purposes) At the appropriate place, add the following: TITLE __--TRANSPARENCY REQUIREMENTS FOR FOREIGN-HELD DEBT SEC. _01. SHORT TITLE. This title may be cited as the ``Foreign-Held Debt Transparency and Threat Assessment Act''. SEC. _02. DEFINITIONS. In this title: (1) Appropriate congressional committees.--The term ``appropriate congressional committees'' means the following: (A) The Committee on Armed Services, the Committee on Foreign Relations, the Committee on Finance, and the Committee on the Budget of the Senate. (B) The Committee on Armed Services, the Committee on Foreign Affairs, the Committee on Ways and Means, and the Committee on the Budget of the House of Representatives. (2) Debt instruments of the united states.--The term ``debt instruments of the United States'' means all bills, notes, and bonds issued or guaranteed by the United States or by an entity of the United States Government, including any Government-sponsored enterprise. SEC. _03. SENSE OF CONGRESS.…
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John Cornyn
Republican · Texas

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