[Congressional Record (Bound Edition), Volume 157 (2011), Part 14]
[House]
[Page 19838]
[From the U.S. Government Publishing Office, www.gpo.gov]




                       IRAN THREAT REDUCTION ACT

  (Mr. QUIGLEY asked and was given permission to address the House for 
1 minute.)
  Mr. QUIGLEY. Mr. Speaker, this week the House will consider the Iran 
Threat Reduction Act to bolster sanctions on the Iranian regime. It is 
time.
  As the International Atomic Energy Agency recently reported, Iran 
could have a bomb within a year and is pursuing the means to trigger 
and deliver a nuclear weapon. We are out of time and have no choice but 
to enact the severest of sanctions in order to protect our ally Israel, 
our troops, and the entire region. And as the Israeli Prime Minister 
warned, there is nothing to stop Iran from exporting the bomb.
  This bill will put in place debilitating sanctions on the Central 
Bank of Iran, which finances the nuclear program. The sanctions would 
deny those who do business with Iran Central Bank access to American 
markets. We are out of time, and we are running out of options. This 
bill gives us more of both.
  I urge my colleagues to pass H.R. 1905, cut off the Central Bank of 
Iran, and send a message that a nuclear Iran is unacceptable.

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