Jim Himes actually said...

"When that concern becomes ideology blind to all facts and economic advice and reality, it is something different than prudence."

"I completely agree. I don't think anybody up here disagrees, that over time we want to move to an actuarially-sound system."

"I think most of us agree that the goal here is to find a well-balanced insurance structure that steps in where the private market fears to tread for as long as that holds true."

"The first is the very simple financial concept that risk should be managed and ultimately borne by the party that is in the best position to understand that risk."