Toby Roth: “members of the Clinton administration and high officials in the Democratic National Committee all insist that there is…”

“members of the Clinton administration and high officials in the Democratic National Committee all insist that there is no scandal. I beg to differ. The scandal is that 80 percent, 80 percent of the State chartered S&L's in Arkansas, failed. Could it be that there were some good old boys, regulators, who were asleep at the switch? I do not know the answer, but I do know that the American people deserve the answers, and I do know that the Arkansas State government did not pay a dime to bail out those institutions. Taxpayers from across the country from States like my own, from Wisconsin, did. The incredible mismanagement of Madison Guarantee cost the American taxpayers alone in that one S&L $60 million. Why, Mr. Speaker, if there is nothing to hide is there such a resistance to congressional hearings? The American people have legitimate questions about this administration, Mr. Speaker, and it is time that we got some straight answers for a change. Let us go on with the hearings. Let us clear the air so we can get on with our Nation's business. We have got a lot of issues to address, and we have got to be addressing those. President Nixon was not above the law. President Clinton cannot be above the law either. No American can be above the law.”