Political Quotes

Marcy Kaptur: “Would it not be great if every American who owned a home mortgage could do the same thing? In other words, rather than…”

On the recordJanuary 11, 1995
Would it not be great if every American who owned a home mortgage could do the same thing? In other words, rather than paying their mortgage payment next month, all they have to do is call the Federal Reserve, sit around the table, and rather than paying the mortgage payment they give them a loan to pay it off. Great concept. Mr. DeFAZIO. And it comes from other taxpayers.
Said by
Marcy Kaptur
Democratic · Ohio

Editor's note · Context

Discussing the implications of mortgage payments and Federal Reserve loans.

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