Louis Stokes: “I think that I have listened throughout this very lengthy debate regarding this issue this evening, and of course, like…”

“I think that I have listened throughout this very lengthy debate regarding this issue this evening, and of course, like the gentleman from California [Mr. Lewis], I have deferred to members of the Subcommittee on Financial Institutions and Consumer Credit because they are the ones who authorize this program, and they have the expertise with reference to it. The gentleman from California [Mr. Lewis] and I, without knowledge of some of the things that have been discussed on the floor this evening, fully funded this program in the amount of $125 million, feeling that the program had the kind of merit that deserved that kind of funding, and we, of course, were not privy to many of the details that have been brought to the floor tonight. What we would urge all the parties here to do is to accept the recommendation of the ranking member of the Subcommittee on General Oversight and Investigations, the gentlewoman from California [Ms. Waters].”