The reality is this is a different process. Now, I know there are allusions that this amendment is 1,100 pages long. We all know this amendment only took the underlying bill and added the amendment to the underlying bill. So to suggest…

The Senator is right. When there is a series of amendments that would improve the bill and are agreed to by both sides and are, in fact, noncontroversial, it has been the regular order to get those amendments disposed of and on the way.

I am aware of that. I heard the distinguished chairman make that offer at various times and I heard that offer rejected various times.

I come to the floor with even more good news about the Gang of 8's immigration reform proposal that is being debated before the Senate. The nonpartisan Congressional Budget Office has confirmed that this legislation we are considering is…

Obamacare does zero, nothing, to address that.

Mr. Chairman, thank you.

Well, do you not agree that limiting the low-quality mini-med plans and providing comprehensive coverage is in fact in part dealing with this challenge?

So that means that every borrower---- has to first have counseling before they could ever----

It is an important financing tool for seniors and clearly, in my view, is a good program.

I introduced S.469, allowing the FHA to implement much needed reforms, give them the authority via Mortgage Letter to reduce the amount of money borrowed to sustainable levels.

Yet in your testimony, while you support counseling, you also said counseling is not enough to protect seniors.

Let me ask, most of reverse mortgage loans are HECM loans, and the insurance provided by FHA on these loans protects lenders from losses.