06/29/2011
https://www.congress.gov...
"I agree we need to deal with our fiscal issues on both sides. I would simply remind our colleague that the Senate passed a budget this spring and has asked 21 times to go to conference."
"You could potentially have a circumstance where perhaps America does not default, but every State and every locality either is in an immediate budget crisis or they would have to default."
"We are in uncharted territory. We do not know what would happen. Why would we take that risk?"
"Wouldn't the market access fund be the first time ever that there would be this stable existing fee that would help provide some funding in this area?"