Eliminating or reducing the fees. in a time of declining discretionary resources. would require the SEC to compete for funding with other worthy programs. Including criminal justice programs. Immigration initiatives. and research and technology programs. The Administrations continued support for H.R. 3005 is contingent on the retention of these improvements and keeping the bill free of any reauthorization provisions which would reduce or eliminate certain SEC fees. Senator DAMATO and I intend for this bill to become law. and I assure the Senator from South Carolina that. absent an agreement among all the appropriators. the administration. and the SEC. we will not agree to the House language that lowers registration fees which are used to run the SEC and offset appropriations.
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Immigration