Mr. Chair, I rise in opposition to this legislation, which is not a product of bipartisan collaboration as is the tradition of the House Foreign Affairs Committee. The facts of this case are simple. Unfortunately, they have been muddied by…

We can't have people exercising illegal options, right? We all want to be within the law.

There is a role for Federal Government, there is a role for government regulation. It protects people.

I think that's pretty material.

The new rule would impose an eventual ban on existing nonnavigable houseboats and floating homes in 30 years.

I think it's important, in an era where all too often, we hear rhetoric about the hobnail booted government on our necks, and government can't do anything right, that's not true.

I'm with you all the way, Mr. Johnson, on the assertion that nobody has any permanent squatting rights on public land.

Congress can't have it both ways.

So I'm trying to look at the whole pie. That pie is $136 billion, 43 percent are documentation error. So what percent do we think are fraud?

I would love to see a--sort of a spitball strategy that says--okay. In theory, we know we can't ever get to zero.

Fraud's a different matter. Fraud, I've got to go after it.

I mean--and I--this is not a new question, because I remember--unless I'm smoking something, but at this very room, this very subcommittee, we've looked at a figure of estimates of around $50- to $60 billion.

We in Congress also need to take responsibility for our part in this.

If there is a surprisingly good market, how would the employee benefit?

So the employees take the downside risk. What about the upside, who enjoys the upside surprise?

Frankly, it is like having a pizza. You don't have more pizza if you cut it into slices; you still have the same amount of money.

Mr. Chairman, I oppose this amendment. I yield back the balance of my time. The CHAIR. The question is on the amendment offered by the gentleman from Rhode Island (Mr. Cicilline). The question was taken; and the Chair announced that the…

Mr. Chairman, I yield myself such time as I may consume. The gentleman from Michigan makes reference to the administration's Statement of Administration Policy on H.R. 3438. The administration opposes this bill precisely because it would…