Mark Warner: “My colleague has challenged me on the underlying statute that I include in my amendment. I draw his attention to the…”

“My colleague has challenged me on the underlying statute that I include in my amendment. I draw his attention to the title 18, section 1001. That statute was put on in 1948. Now, the second statute I utilize is 1031, which was adopted in 1988. So the first was in 1948; the next was in 1988. I question my friend, who challenged me that they were just adopted, it seems to me that both of these Federal laws have been on the books for a sufficient time to have been examined by the courts and others.”