Political Quotes

“Mr. President, there is a justifiable feeling of anger and worry across America today regarding the ongoing housing crisis. Millions of Americans are currently bearing a heavy burden to keep their family homes and desperate for relief. The clamor for the Federal Government to act quickly has been heard by the Senate and we are now set to vote on a bipartisan package that will offer some assistance to suffering homeowners. Without action, the pain of the foreclosure crisis will not only be felt by the millions of American families who stand to lose their homes but by all Americans. Congress must confront this reality and pass legislation that has three key components: it is temporary in nature, has an immediate goal of helping cash-strapped but credit-worthy home owners stay in their homes, and prevents a mortgage crisis from happening again. The bill before the Senate is not perfect, but it does contain several provisions that I support and believe can help our housing market--for both mortgage borrowers and lenders--now and in the future. It is important to avoid situations in which homeowners owe more money than their home is worth.”