Political Quotes

Michael Burgess: “Apparently it is worthwhile for Visa. Because what is their fraud rate? .03 percent? And CMS's fraud rate is anybody's…”

On the recordNovember 27, 2012
Apparently it is worthwhile for Visa. Because what is their fraud rate? .03 percent? And CMS's fraud rate is anybody's guess, but 10 percent or whatever it is?
Said by
Michael Burgess
Republican · Texas

Editor's note · Context

Burgess highlights the disparity in fraud rates between Visa and CMS.

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