This statement, in my eyes, shows just how ridiculous the whole thing is. Regardless of your political leanings, I think most folks in the US right now agree that Congress is doing a pretty shoddy job of representing the people's interests. It's basically a joke, on both sides of the aisle at the moment, when politicians claim to be doing what's best for the public.
There are a lot of things that go right every day, and we don't hear about them, which is unfortunate.
But the things that politicians are beating their chests over right now are so obviously in the interests of lobbying groups and "big money" that it's ridiculous. Lady Gaga might lose money to piracy, but she is hardly a starving artist. And those artists that are usually are happy to get ANY kind of exposure, even if it's through piracy.
Also, and this is lost sometimes in the debate, piracy is responsible for the spread of a lot of ideas. And almost everyone does it at some point in their life. Even Lars Ulrich from Metallica - he and James bonded while Lars was at James's house, ripping LPs to tape. Times have not changed much.