Political Quotes

Barney Frank: First, for people trying to follow this, the gentleman from Alabama has confused several programs in this conversation…

On the recordMarch 10, 2011
First, for people trying to follow this, the gentleman from Alabama has confused several programs in this conversation, most of which aren't up today. We are dealing with one at a time. He talked about money that went to Los Angeles and went to a group instead of the county. That has zero to do with today's program. Zero. And in fact, it doesn't have to do with individual homeowners. It's a program that gives aid to municipalities, which we will be debating later, probably next week, which gives aid to municipalities to deal with property that they have been stuck with. So it has nothing to do with today. But the gentleman does make a good point about the deficit. Unfortunately, he does not put his votes where his rhetoric is. The CBO says that this program is going to cost not $8 billion, but if it's fully operational over a 2-year period, which is its life span, will cost $175 million. Now, that's money. But do you know what it is? It's much less--and the gentleman from Alabama voted during that same period to send money to the cotton farmers of Brazil.
Said by
Barney Frank
Democratic · Massachusetts
Source
govinfo.gov
Mar 10, 2011

Editor's note · Context

The speaker addresses misconceptions about funding programs and the deficit in a debate.

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