Political Quotes

“I thank the gentleman from Tennessee for his distinguished leadership and friendship, and the chairman of the full committee, because I believe that it is fair to have a difference of opinion. It is also fair to say that there are times when we have a great opportunity to work together. I believe the gentleman mentioned my tenure on the Judiciary Committee, so let me document for my colleagues: the REINS Act goes around and around and around and around. It is constantly repeated and reintroduced, and it constantly fails. For the new Members, my friends on the other side of the aisle who are standing up and talking about what a great impact this would have, they are using old data and misinterpretation, for there is no real documentation that the REINS Act is going to stop $1.5 trillion in excess cost. In fact, the authors of the study that my friends are using--the study was assessed by the Congressional Research Service. I know when I speak to the American people and my colleagues they want to debunk all of this procedure and say ``enough is enough.'' But the CRS showed that the study was flawed, but more importantly, the author said: ``We never intended for this to determine benefits to regulation. Our studies have nothing to do with it.'' We cannot document the $1.5 trillion or the billions of dollars that our friends say that they're going to lose.…”