Barney Frank: “Well, I am all in favor of increasing the authorization. I am not in favor of authorizing in appropriation bills. I will…”

“Well, I am all in favor of increasing the authorization. I am not in favor of authorizing in appropriation bills. I will say, we have made a very real effort here, to the gentleman from Iowa (Mr. Leach) and the gentleman from New York (Mr. Lazio). In the House Committee on Banking and Financial Services, we have made a very real effort to authorize, whether it was in the debt relief area or in the housing area, and I think if the gentlewoman from Florida (Mrs. Meek) would look she will note that the Subcommittee on Housing and Community Opportunity and the full Committee on Banking and Financial Services has done its work in authorizing. The levels have been too low. I would like to see the levels be higher, but it certainly has been the case that we have done our authorization.”