I want to begin by remembering that last week on the 1-year anniversary of Hurricane Sandy, our Nation paused to remember all those who lost their homes, their businesses, and, most tragically, lost their lives.
Remembrance of victims on Hurricane Sandy's anniversary.
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I think we can continue to revise those. What I do not think is acceptable is to say we are simply not going to try to make progress here.
I would really describe [sequestration], in many cases, as mindless austerity, cutting just simply straight across the budget without reflecting, really, which are the critical investments.
HUD's budget is an essential component of the President's vision of investing in the things we need to grow our economy.
If the administration's actions and proposals will not be sufficient to restore FHA's fiscal health, then I plan to work with my colleagues on both sides of the aisle on the Banking Committee to find a bipartisan way to make that happen.