From my recollection, I was struck by the gentleman talking about those figures, that they were too high, because the last I heard, the gentleman and I were together in trying to establish--

I just would say that the gentleman from California previously had agreed with some of us that you could be able to get a house in the FHA for up to $729,000.

I hope Members will be careful walking on the floor right now, especially on the Republican side of the aisle, because I wouldn't want anyone to fall into the enormous gap that has just been created between the gentleman's comments and his…

First, let me address the wholly contradictory argument of the gentleman from Texas (Mr. Neugebauer). We have heard on the other side, through the eagerness to just say negative things, two entirely contradictory things: one, that this is…

The program is called the Emergency Mortgage Relief Program, meaning it leaves open what kind it would be.

Yes, I think it will work out for most people as primarily a grant program, 84 percent. I am pointing out that the gentleman is trying to cover his own embarrassment because he made the argument without any basis that it was going to put…

I now want to go back and make my central point, which is that the only reason this has any impact on the taxpayer is that the Republicans insisted on protecting the large institutions. The gentleman from Alabama said all this money is…

First of all, the last statement is, of course, totally contradictory from the gentleman from Texas. But when you just want to bash things, you will say anything. You cannot simultaneously say this program is too generous because of its…

Here's the deal: 1975 is when it happened in Pennsylvania, not in America, if he had been listening carefully. Secondly, in 1995 we didn't have this foreclosure crisis. Third, as to was this just a new program, in fact, this program for…

Reclaiming my time, no, that's not what the gentleman is saying. The gentleman is completely contradicting himself. He says it's a grant program. First, he was contradicting the other gentleman from Texas. Now he's contradicting himself…

I was citing two responsible and thoughtful Republicans, the former chair of the Ways and Means Committee and Mr. McCain's chief budget adviser, plus all of the financial regulators under both Bush administrations who said CRA wasn't the…

I want to say to the gentleman, we are here in the House of Representatives making policy. You have got to be precise. I would say to Members about what you say, ``directing'' and ``allowed'' are two very different things. It is one thing…