Tom Latham: “How can you not know how much it costs to administer a Section 8 voucher?”

The gentleman makes a very compelling argument, and we would accept the amendment.

I reserve a point of order on the gentleman's amendment. The Acting CHAIR. A point of order is reserved. The gentleman from California is recognized for 5 minutes.

I think we all know in section 8 there are reforms that are needed. This amendment does nothing to those reforms, and it should be to the authorizing Financial Services Committee to initiate the reform so that, in fact, we can change it…

Reluctantly I must rise in opposition to the amendment. I share the gentleman's concern, and that is why we have included language in our committee report directing HUD to review instances of payments for housing that exceed 120 percent of…