On the recordApril 7, 2008
I would say that on the amendments filed--I think there are about 9 or 10 pending amendments--all but one are not germane. The one that is germane, I believe, is Senator Snowe's amendment. It is my understanding that Senator Murray may have had one today that appears to be germane. We want to dispose of this, if cloture is invoked, which we feel comfortable it will be; those two should have the opportunity for a vote. So this is a good piece of legislation. Does it solve all of the housing problems? Of course not. But it is a step in the right direction. It is imperfect. I have to say as an indication of how good it is, we are not happy on this side, and they, the Republicans, are not happy on that side. But we are working together, and this legislation I can defend anyplace. It is a good piece of legislation. Do I think it would be better if we have the bankruptcy provision? Of course I do. But it is not there. This is a very strong package. I look forward to passing it.
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