Chuck Schumer actually said...

"How would you propose it be funded? Should there be some kind of user fee, whether on the lender or the borrower?"

"It is an historic undertaking, one of the most important debates in which we have engaged here in a long time."

"You need only to pick up our morning newspapers to appreciate what people are going through."

"But if it goes to two-thirds, shouldn't that be a real change in the housing markets and rates of foreclosure, and even shouldn't it help us find a floor?"