Mike Crapo actually said...

"I remain strongly committed to working with the Chairman and all of my colleagues toward a bipartisan solution in the near future."

"If there is not proper underwriting and allocation of private capital ahead of the Government guarantee, we could find ourselves in another taxpayer bailout scenario. That would be unacceptable."

"These realities prove that inaction carries its own dangers in our housing market, as does action that merely gives the appearance of change without recognizing the mistakes of the past."

"The status quo means little, if any, reduction in the $5 trillion of outstanding mortgage debt to which the taxpayer is currently exposed."