Political Quotes

“I supported it for three reasons when it passed the House. Most importantly, and I repeat the words of Ranking Member McCrery, we're getting money back in the hands of American citizens. We're letting them make the decision on how to spend the money and not this Congress. It's a tax cut. It's a tax cut for many low- and middle- income Americans. I particularly like the tax cuts we've given to seniors, to veterans, and the disabled, as the gentleman from Pennsylvania pointed out. Secondly, the Financial Services Committee tried to address the much publicized and very important problems with our housing market by increasing liquidity in our housing market for mortgages. There are people that are ready to buy houses, there are institutions that are ready to loan, but there is a lack of confidence in some of those mortgages and in that financing. And I believe the new limits we've given the GSEs and FHAs will help that market. We've done it short term. We'll revisit it if it needs to be for a longer period of time. Third, I believe what is lacking most of all in our economy and our country today is a lack of confidence, a lack of optimism.”