Political Quotes

“What are we talking about when we're talking about cutting government spending? We're talking about these children. These children cannot afford a future where its Federal Government spends $8 billion more every day than it takes in. I make no apology for supporting our troops. This program that has helped 44 families whose average mortgage was $330,000--that's more than the cost of a home in my district. But here is President Obama's report to us that $50 million has been disbursed, but the alarming figure is $8.12 billion that's obligated. This transfers obligations from lenders to the taxpayer. As long as these mortgages were making money, the banks profited. But all of a sudden when they're underwater and a borrower maybe can't make the payment, hey, if I was a bank, I would say, yeah, let the government, let the taxpayers reduce this mortgage.”