Political Quotes

“Mr. Speaker, I yield myself the balance of my time. Mr. Speaker, permanent bankruptcy judgeships have not been authorized since 1992. Over the past 25 years, we have limited our protection of the bankruptcy system to short-term temporary fixes. A well-functioning bankruptcy system, however, is too important to our economy to risk. Now is the time for Congress to address bankruptcy judgeship needs more permanently. The Bankruptcy Judgeship Act is a measured, long-term solution carefully crafted and based on the well-developed recommendation of the Administrative Office of the Courts. Not only does it ensure the viability of our bankruptcy system, but it also addresses the funding concerns of the Office of the United States Trustee. This bill is a bipartisan measure that enjoys broad support from outside groups, including the American Bar Association, the Federal Bar Association, the National Conference of Bankruptcy Judges, and the American College of Bankruptcy. I urge my colleagues to vote in favor of this important legislation. Mr. Speaker, I yield back the balance of my time.”