John W. Olver: “I am inclined to support the amendment that the gentlewoman from California has proposed, recognizing that the request…”

“I am inclined to support the amendment that the gentlewoman from California has proposed, recognizing that the request on the part of the administration was for $55 million, and that it's an interesting juxtaposition, because the HUD counseling programming, the request is for $55 million. The request for the National Reinvestment Corporation, that's NeighborWorks, which does also counseling, that request was for $213 million, for a total of $268 million. The other body, in the legislation that they put forward, with a much larger allocation than we had in our budget because of the position on what the discretionary expenditure limits would be on the House side, the other body gave 55, the President's request, but also gave 215 for the National Reinvestment Corporation's account, which put them on the other body's side account, to $2 million above. In the wisdom of the chairman, on the House side, in our bill, we have $10 million less for the HUD Department's program, but $10 million more for the National Reinvestment Corporation's program. To my view, it doesn't make much difference there, but I will support the gentlewoman from California for her passion on this one.…”