On the recordMarch 28, 2012
But your budget assumes $220 million necessary to discharge your responsibilities, but to be raised in the form of user fees which, let's be honest, isn't going to happen this year--$220 million.
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congress.govHerb Kohl: “But your budget assumes $220 million necessary to discharge your responsibilities, but to be raised in the form of user…”
Editor's note · Context
Kohl questions the feasibility of raising necessary funds through user fees.
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Senator Kohl. I appreciate that. Just one final comment. Again, the biggest banks with whom you are competing are generally described in the same way you just described yours, and their loan-to-deposit ratios are higher than yours.
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