Political Quotes

“Let me thank Chairman Waxman and the author of this bill, Mr. Murphy of Connecticut, for reaching out. I think we have a pretty good work product at the end of this. I think what started as a germination of one idea going in one direction, as we sat and discussed and talked about it, we have a more inclusive bill that I think gets the gentleman the information that he thought should be public. But I think is even more encompassing and shines even more sunshine on government. And I'm happy to get up here today and speak for this legislation. Specifically, H.R. 3928 will require any nonpublic company receiving more than $25 million from the Federal sources, whether it is grants, loans, cooperative agreements, contracts, and other forms of financial assistance and earning 80 percent of its revenue from those sources, to disclose the names and total compensation of the organization's five most highly compensated officers. The mandatory disclosure of this type of information on a public Web site is what will ensue.”