David Schweikert: “Look, I've been a Member now of this august body for 75-some days. And I'm starting to learn much of what we do seems to…”

“Look, I've been a Member now of this august body for 75-some days. And I'm starting to learn much of what we do seems to be more based in theater than reality. If I read this amendment correctly, what we're trying to do here is add language that basically says, well, we could repair neighborhoods with the last billion dollars. Of course it didn't happen with the previous money. But think about it, if we take a step back. What's the money been used ultimately for? It's been used to bail out lenders. In many ways this is another back-door bailout to the very folks that my constituents are furious with, and handing them more government dollars in the name that, well, this time we passed the cash to those lenders, but this time we did it through local governments. The CHAIR. The question is on the amendment offered by the gentlewoman from California (Ms. Loretta Sanchez). The amendment was rejected. Amendment No. 5 Offered by Ms. Richardson The CHAIR. It is now in order to consider amendment No. 5 printed in part B of House Report 112-34.”