Political Quotes

Bob Menendez: The CBO says keeping the limits would not cost taxpayers one dime because the cost of the defaults are paid by the…

On the recordNovember 14, 2011
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.
Said by
Bob Menendez
Democratic · New Jersey

Editor's note · Context

Menendez discusses the CBO's assessment on loan limits and taxpayer costs.

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