Political Quotes

“Mr. President, I ask unanimous consent that the text of the bill be printed in the Record. There being no objection, the text of the bill was ordered to be printed in the Record as follows: S. 3348 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. AUTHORITY FOR PAYMENT BY SECRETARY OF VETERANS AFFAIRS OF GUARANTEES FOR LOANS GUARANTEED BY SECRETARY FOR MULTIFAMILY TRANSITIONAL HOUSING PROJECTS. Section 2053 of title 38, United States Code, is amended by striking subsection (a) and inserting the following new subsection (a): ``(a)(1) Notwithstanding any other provision of law, the Secretary may, for any loan guaranteed under this subchapter, pay the guarantee, in part or in full, if the loan is not in default. Such guarantee payment may include amounts necessary to extinguish the loan and pay all prepayment premiums and transaction costs. ``(2) The Secretary may forgive, waive, release, or discharge a borrower's liability to the Secretary with respect to a loan or a guarantee for the loan for any loss resulting from a payment made under paragraph (1).…”