Political Quotes

“Mr. President, as you know and as we know, our Nation is facing an affordable housing crisis. Right now, we are considering the nomination of someone who will have the power to do something about it--Mark Calabria, the President's nominee to spend the next half decade heading the Federal Housing Finance Agency. He would be responsible for overseeing a $6.5 trillion housing market that provides homes for millions of American families, and $6.5 trillion is $6.5 thousand billion; that is how big a trillion is. He would oversee a $6.5 trillion housing market that provides homes for millions of families. Far too many Americans are left behind in our housing policy. Think about this. One-third of all households spend more than 30 percent of their income on housing. A number that is even more frightening is that one-quarter of American renters spend at least half their income on housing. One-quarter of American renters spend half of their income on housing. What does that mean? That is not something people around here, frankly, think about very much. If you are a Senator, if you are a Congressman, if you are some of the highly paid staff people, and many aren't, but if you are the chief of staff or legislative director or if you are a staff director, you don't think about those things.…”