Ted Cruz actually said...

"The FAA does, in fact, provide regulations for suborbital flight today, but they are regulations to protect the public."

"As you know, the FAA is currently under a moratorium on issuing regulations regarding certain aspects of commercial spaceflight."

"I think that things have not materialized as quickly as perhaps Congress contemplated at the time."

"Thank you, Mr. Chairman, and I thank each of the witnesses who testified today for your expertise and your illuminating comments."