Taxpayers will bear the risks as borrowers move to cram-down the principal on their home mortgages.

This legislation is problematic. It will impose costs on taxpayers, on future borrowers, and I believe will negatively impact other efforts at stemming the foreclosure crisis.

I hope we don't join that litany because I will tell you nothing has dragged more poor people out of poverty more than the free markets of the United States of America.

When the Democrats took over this place, they said that we were going to have that first 100 hours, that they were really going to show us how they were going to lead this place in the right direction. And it seems astonishing to me that…