Lloyd Doggett actually said...

"In this very committee, we face a situation where we will see major cuts, barring some new budget agreement, in education and social services next year in Federal funding through the sequestration agr..."

"In a time when there are so many valuable initiatives that are limited by budget squeezes and even by sequestration, it is important to be as creative as possible."

"I salute Mr. Young, Mr. Larson and their co-sponsors for recognizing the need to invest more in programs that will help low- and middle-income Americans get an education, attain long-time employment, ..."

"The question we have today is the impact of social impact bonds as a new phenomenon and whether this is the best way to encourage stronger and more responsive communities."