While our hearing today is intended to cover the HUD budget for the next fiscal year, I would like to begin by highlighting the fact that the budget does not--does not, Mr. Secretary, as you know--address the future of the GSEs, Fannie Mae and Freddie Mac.
Shelby points out the budget's failure to address GSEs' future.
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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.
We have got to get our arms, one, around the inflation first, and then try to boost our defense capabilities in a dangerous world.
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