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insolvent

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  10. '14

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Occurrences in the Congressional Record

Entry Title Date
Legislative Session July 21, 2014
Bob Corker, R-TN
"It is amazing that we could even come up with these kinds of schemes to pay for an already insolvent program, and we do it by putting our country further in debt in the future and, candidly, weakening our corporate pension system."
Financial Services And General Government Appropriations Act, 2015 July 16, 2014
José Serrano, D-NY
"Large financial institutions are fighting the SIFI designation because they know that being identified as SIFI means being subject to regulation above and beyond current requirements, including living wills that will help regulators plan how to wind down the firms in an orderly fashion in the event they become insolvent."
Highway And Transportation Funding Act Of 2014 July 15, 2014
Janice Hahn, D-CA
"This short-term highway trust fund fix is crucial for keeping our highway and transit systems solvent, and I intend to vote for it. Letting the highway trust fund become insolvent would be irresponsible and cut 700,000 jobs and increase congestion. But once our work is done here today, we do need a long-term, creative solution to fund our much-needed transportation projects in this country."
Providing For Consideration Of H.R. 5021, Highway And Transportation Funding Act Of 2014 July 15, 2014
Daniel Webster, R-FL
"Extending our transportation programs until next summer provides our States with certainty. It also ensures that our highway trust fund does not become insolvent at the end of this month."
Highway Trust Fund July 7, 2014
Barbara Boxer, D-CA
"Delaying a long-term bill just prolongs uncertainty. An extension into 2015 would create another crisis, just before the next construction season. To allow the Trust Fund to become insolvent would be unprecedented and further delay simply extends the uncertainty. We need a long-term bill no later than December and a short-term patch for the Trust Fund now. Failure is not an option."

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