Edward Royce actually said...

"How difficult would it be to break out the subsidy? How difficult would it be to make transparent the amount that the government or that the other taxpayers are covering on behalf of the homeowner?"

"It seems to me that if you can capture the information, that the increased transparency there would have a positive impact on future decision-making because it would probably decrease moral hazard."

"We should probably ask the GAO to see if we can find a very inexpensive way in order to create a template here."

"Make no mistake, these weaknesses overseas put us in danger here at home."