Jeff Merkley actually said...

"Am I correct in believing that if a family has to pay $1,000 more a year in flood insurance, one of the costs, if you will, that is essentially equivalent to dropping the value of the home $20,000 sin..."

"I thank very much my Vice Chair, Senator Heller, for being very supportive of holding this hearing."

"And so we are creating something where homeowners who have built up equity over their lifetimes, maybe they have owned the home 30 years, are seeing that equity devastated and essentially given away t..."

"Chairman Merkley. So I would toss out the idea that I will be happy to follow up with subsequent to this hearing..."