Claire McCaskill actually said...

"Taxpayers make up the difference, not lenders."

"These are complicated, expensive financial instruments, that, while maybe appropriate, in limited circumstances for some seniors, with appropriate counseling and appropriate information, they are bein..."

"Nine out of ten of these reverse mortgages, and increasingly these sale-leaseback arrangements, which are nothing more than stealing the equity from senior citizens."

"Senator Claire McCaskill has proposed legislation aimed at preventing fraud, and requiring that ads for government-backed mortgages present a balanced view of their risks and benefits."