It's important to remember that the $637 million reduction from sequestration must be implemented in a way that ensures safety while minimizing the impact to the traveling public.

the funding level for the Community Development Block Grant (CDBG) program, which is proposed at $2.79 billion is truly disappointing.

It's too soon to tell.

We need to hold the FAA accountable for how it spends taxpayer dollars.

I am very happy that you are apparently going to be staying on in the second administration, at least for a while, since I have found you to be a real straight-shooter and dedicated to improving housing opportunities for the people of this…

I, too, think that it holds great potential, and I hope this is something that we will see the administration continue to encourage and fund some of the basic R&D that is necessary.

Which troubles me, because it's going up, not down.

Obviously, $943 million is a lot of money and is of great concern to us, or to me.

One out of every six men and women in homeless shelters are veterans, and unfortunately, veterans are 50 percent more likely to fall into homelessness compared to other Americans.

Thank you very much, Madam Chairman. Thank you for holding this important hearing on the Federal Housing Administration and the future of the housing finance market.

The curtailment of air traffic control services will increase operational risk.

A financially sound FHA is an essential component in the recovery of the housing market.

The total number of runway incursions increased 21 percent between fiscal year 2011 and 2012 from 954 to an all-time high of 1,150.

I would encourage you to go back and take another really close look at your budget.

It is troubling that year after year, the FHA is unable to meet its statutory requirement of maintaining a 2 percent capital reserve ratio.

The challenges that the FAA faces throughout the remainder of this fiscal year and into the next fiscal year are truly daunting.

Do you think it's a good idea in concept?

It is critical that federally subsidized properties comply with all health, safety, and quality standards.

We'd lose those jobs. We'd lose that economic activity.

The welfare and safety of tenants must be safeguarded, and federally subsidized properties must represent fair value to the tenant and the taxpayer alike.

I just think, even though it's faster if you get the mortgagee letter approach approved by us, you know what the legislative processes can be like. It's not pretty these days.

This is very troubling to me.

You have been the member of Congress who has done more to shine a spotlight on this problem than anyone else.

I guess am outraged by that, and it speaks to the point that Mr. George just made about there being a need for some sort of central hotline or clearinghouse where you could go.

Well, I hope that you really make this a priority.