Somebody needs to respond to this situation.

It would seem to me that setting aside some emergency money for the Corps would be a wise way to operate.

Can you please give me an update--not now, but in writing, please--about this project?

I am going to ask you if $100 million is enough, and how many people you have had to tell no to when you ran out of that money.

We are lending people money at 6 percent and 7 percent. We call that a low-interest loan.

Do you have any estimates of what it costs to put projects like that on hold?

I want the record to show that the Federal Government responded significantly after that flood of 1927.

I commit to work with the Senator of Vermont to make this business loan program the very best that it can possibly be.

Okay, but you just testified that you need at least $2 billion----

But, you know, in thinking about the purpose of unemployment benefits, clearly they are designed to provide financial support while an individual looks for another job.

There were elements of Dodd-Frank which in my opinion pushed that sector in the wrong direction, further protecting or advantaging the GSEs.

But consistent with the purpose of the benefit, should there be a requirement that UI recipients must search for work every week, with only very few limited exceptions, perhaps for those expected to return to a former job?

Because bottom line is we need to make sure the program is working.

I wanted to focus in my questions on the housing finance agencies and market and the need to bring reform there, including a return of the private capital and the private market into that now very Government-dominated sector.

I am not sure why it has taken you so long to implement these suggestions I put forth...

I can tell you that that would be counter to what you would do--I am a doctor.

I agree with that.

I am feeling more sympathy for OMB right now.