Political Quotes

“I thank the gentleman for yielding. Mr. Chairman, this is a program that I'm the first to admit has not lived up to what our hopes were. This program we had hoped would help several million people. Thus far we've only helped about 550,000 people. I fully admit that this program, like all the other foreclosure programs, could use a healthy dose of reconsideration and improvement, and I'm happy to work with that. But to simply repeal all of these programs is to walk away from individual homeowners, walk away from neighborhoods. In this particular case, last week before the break, we walked away from neighborhoods. We walked away from cities and counties all across the country. In this case, we're walking away from homeowners. In this particular bill, as I said, this program, short of what we had hoped, it has still helped 550,000 homeowners to keep their homes, 550,000 with approximately another 150,000 on trial as we speak. And 550,000 homes, just as a point of information, is more owner-occupied homes than exist in at least 17 different States. Wyoming, Alaska, Utah, Nevada, New Mexico, Nebraska, and on--all individually have fewer homes in the entire State than this program has helped. Yet we're going to walk away. Every single State in this Nation has homeowners who have been helped. In Illinois, 29,000 homes have been saved; in North Carolina, 10,000 homes; in my own State, 12,000 homes and counting.…”