Political Quotes

On the recordOctober 20, 2011
I ask unanimous consent that the reading of the amendment be dispensed with. The PRESIDING OFFICER. Without objection, it is so ordered. The amendment is as follows: (Purpose: To reestablish the maximum aggregate amount permitted to be provided by the taxpayers to Fannie Mae and Freddie Mac) On page 5, strike line 14 and insert the following: 2011'' and inserting ``December 31, 2013''. SEC. __. REESTABLISHMENT OF MAXIMUM AGGREGATE AMOUNT PERMITTED TO BE PROVIDED BY THE TAXPAYERS TO FANNIE MAE AND FREDDIE MAC. (a) Maximum Aggregate Amount of Commitment.--No funds may be provided by the Department of the Treasury or any other agency or entity of the Federal Government to the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation, as part of the Amended and Restated Senior Preferred Stock Purchase Agreement, dated September 26, 2008, amended May 6, 2009, and further amended December 24, 2009 (as such agreement may be further amended), between the Department of the Treasury and the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation, as applicable, under any other agreement between the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation and the Department of the Treasury, or otherwise, that exceed a maximum aggregate amount of $200,000,000,000.…
Said by
David Vitter
Republican · Louisiana
Source
govinfo.gov
Oct 20, 2011

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