Robert Menendez actually said...

"the CBO says keeping the limits would not cost taxpayers one dime because the cost of the defaults are paid by the premium loan fee of 15 basis points per year from the loans that benefit from this."

"Do you not agree--this issue of loan limits was raised, something that I and Senator Isakson have been pursuing and that 60 members of the Senate supported--CBO says keeping the loan limits at the hig..."

"How do you define conserve and preserve? Give me your definition of that."

"So it seems to me that if we were looking at how do we deal with mitigation if we were looking at a more aggressive borrower outreach and response, which we have written letters to you about and which..."