I want to make certain that in any GSE legislation we are not committing the mistakes that have been made in the past.

I hope the legislation passes; I am one of the cosponsors.

Housing is the first item on the list every meeting I have ever had with them.

I do not think anyone on the panel is looking to this area of the real estate economy or industry and trying to make the claim that you were the problem.

There needs to be a different fashion than forcing the lenders to allocate resources where the loans have a higher potential of going bad.

I would suggest in a pretty bipartisan way members listed the 30-year mortgage as one of the things that they would like to preserve at the end of GSE reform.

I want more market forces involved in this.

I think we have a window of opportunity here, but I think that window closes for a whole variety of reasons.

It should be money that comes in on the side of that.

It needs to be means-tested so that we are really only helping those that need the help.

I think that is going to be one of the ways to go forward on affordability.

In my State, like so many other States, I am worried about the small lender, the community bank out there that is not looking to be regional, but they want to serve their clientele.

We have tried with S. 1217 to make sure that their interests are protected.

We have got to get that right, or this thing just does not work.

I think that would be a mistake regardless of which number we pick.

We need to head in a different direction.

This is one of those events in our life where every single one of us, when asked about that morning, that fateful morning, we can describe exactly what we were doing when we heard about the planes flying into the towers and the chaos that…

I really believe you're right, I don't think anybody believes that the future of telecommunication or Internet services or broadband lies in copper to the rural areas.

As I have said many times through the appropriations process, I believe addressing our Nation's debt is a fundamental responsibility, and a very necessary step for our future, and a necessary step for now, to get our economy back to full…

I see the solution to this as being driven by the private sector.

The Nation's demand for unlicensed services continues to increase dramatically, and we need more spectrum to support these services.

If we create the impression that this is fail-safe, that the first flood that hits your neighborhood will have helicopters there to lift you off your roof, wherever that might be, we're doing a tremendous disservice.

as we begin our final week of legislative activity prior to the August work period, I rise today to discuss the fiscal challenges that will await us on our return. When the Senate gavels back into session on September 9, we will be only 3…

I ask unanimous consent that I be allowed to speak for 5 minutes as in morning business. The PRESIDING OFFICER. Without objection, it is so ordered. Budget Control Act

I just cannot imagine--there is another proposal being put forward in the House that would remove any Government backstop.