Based on current projections and absent any catastrophic home price decline, FHA will not need to ask Congress and the American taxpayer for extraordinary assistance. There is no need for any 'bailout'.
Senator Shelby questions the need for a bailout for FHA based on current projections.
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I am deeply concerned, however, that the administration's failure to direct the appropriate resources to the crisis at the southern border has resulted in shifting the burden to the Guard.
Deterrence requires spending our limited resources on both offensive and defensive weapons.
I remain concerned that the Air Force budget request is insufficient considering the needed modernization across the inventory with a rapidly evolving threat.
As Senator Shelby at our Senate testimony hearing last March pointed out to us, we must maintain what we have before we can build new, and I think he hits the mark head-on.
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