Political Quotes

“today I introduce a bill that would rectify an oversight made in the recent passage of the Economic Stimulus Act of 2008. If enacted, this bill will allow thousands of veterans to realize the American dream of owning a home. Senators Reid, Durbin, Burr, Rockefeller, Murray, Obama, Sanders, Brown, Baucus, Clinton, Kerry, and Boxer join me in offering this legislation. The VA Home Loan Guaranty was part of the original GI Bill in 1944. It was signed into law by President Franklin D. Roosevelt and provided veterans with a federally guaranteed home loan with no down payment. So, as World War II was ending, landmark legislation made the dream of home ownership a reality for millions of returning veterans. They were able to build new homes and otherwise begin new lives following their service and with the assistance of the Federal Government. Today, more than 25 million veterans and servicemembers are eligible for VA home loan guarantees.”