This House will subsidize Big Oil and Wall Street, but our constituents who are losing their homes can just suck it up and find a bridge to sleep under. Just about every economist under the sun agrees that we won't have robust job growth and recovery until foreclosures are under control; but rather than putting forth a proposal to improve the deeply flawed homeowner assistance programs, the GOP panders to its Wall Street base by proposing we do away with homeowner assistance altogether. I urge my colleagues to join me in rejecting this anti-homeowner, anti-middle class proposal so we can turn to the serious work of improving homeowners' assistance programs that are currently failing.
Hank Johnson: “This House will subsidize Big Oil and Wall Street, but our constituents who are losing their homes can just suck it up…”
Editor's note · Context
The speaker criticizes the GOP's approach to homeowner assistance and calls for improvements to current programs.
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