On the recordMay 9, 2011
We do not have an implicit guarantee, we have an explicit, because Fannie and Freddie are sitting in the taxpayer's lap right now.
Source
congress.govWe do not have an implicit guarantee, we have an explicit, because Fannie and Freddie are sitting in the taxpayer's lap right now.
Pointing out the current explicit taxpayer guarantee for Fannie Mae and Freddie Mac.
Share
More from Richard Shelby
Because the administration has refused to fund the construction of a comprehensive barrier along the border, it has been compelled to send the National Guard to deal with the consequences.
A lot of people, including this Senator, believe that the request is not enough considering the problems in the world.
A complex and evolving security environment requires a serious commitment to our national defense.
Deterrence requires spending our limited resources on both offensive and defensive weapons.