Political Quotes

“Mr. Speaker, I thank Ranking Member Waters, and thank you to the Republican leadership who brought this up. We often hear in this Chamber over and over again a talk of a financial bankruptcy that is plaguing or potentially plaguing our country, and we say it so much so that we start to believe it, and we miss one thing: that we are on the verge of a moral bankruptcy in this country. When you talk about homeowners who played by the rules, saved their money, bought a piece of the American Dream, and then all of a sudden, years, if not decades later, we come back with a well-intentioned bill but that had unfortunate, unintended consequences that would strip the American Dream and homeownership right from under them, then the question becomes to this Congress: What do you do about it? I said this before and I will say it again. What real leadership does when they do something and they realize it had unintended consequences, they fix it. Congresswoman Waters realized that her name was attached to a bill that potentially would strip homeowners of the American Dream, of the largest piece of investment that you pass on from generation to generation, and she stepped up and said, that is not what we intended. We are going to fix it. The Republican leadership, Mr. Grimm, stepped up and said, this is unsustainable--and more than that, it doesn't make common sense. So both sides came together to produce a bill that would have affordability, stability, and predictability.…”