Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, first of all, let me thank Chairman Conyers for his comments. He is always gracious in making those. He is right. We have had a good discussion today about this particular piece of legislation. And I also want to say that he and I have a very good working relationship on the Judiciary Committee as well. In regard to this bill, Mr. Speaker, I have to say that as much as some might hope that it did something or hope that it accomplished something or might wish that the bill did something or might pretend that the bill did something, in point of fact, the Congressional Budget Office disagrees. Members are free to wish upon a star, but this bill is a dim bulb. Mr. Speaker, the Congressional Budget Office says that ``whether premiums would increase or decrease as a result of this legislation is difficult to determine, but in either case, the magnitude of the effects is likely to be quite small.'' ``Quite small.'' So, Mr. Speaker, what's the point of this bill? CBO goes on to say that premium reductions from this bill are likely to be small because ``State laws already bar the activities that would be prohibited under Federal law if this bill was enacted.'' So again, Mr. Speaker, what's the point of this bill? I could list all the reasons why this bill is ineffective, useless, unproductive, pointless, futile, and meaningless.…
Share & report
More from Lamar Smith
Mr. Speaker, I yield 3 minutes to the gentlewoman from Arizona (Mrs. Lesko), who is an active member of the Science, Space, and Technology Committee and a member of both the Research and Technology and Environment Subcommittees.
Madam Speaker, I yield myself such time as I may consume. Madam Speaker, this bipartisan National Quantum Initiative Act is cosponsored by House Science, Space, and Technology Committee Ranking Member Eddie Bernice Johnson, as well as 24…
Mr. Speaker, I ask unanimous consent that all Members may have 5 legislative days in which to revise and extend their remarks and to include extraneous materials on H.R. 589, the bill now under consideration. The SPEAKER pro tempore. Is…
Mr. Speaker, I move to suspend the rules and concur in the Senate amendment to the bill (H.R. 6227) to provide for a coordinated Federal program to accelerate quantum research and development for the economic and national security of the…





