Jeff Merkley actually said...

this is a provision based on a law that we adopted in Oregon when I was Speaker that worked incredibly well.

I just want to note that a 'for example' is that we spend $80 billion-plus in the home mortgage interest deduction to promote homeownership,...

the fiscal year 2013 enacted amount was $682 million, so roughly a 50-percent decrease in those block grants.

This is really a strategy that gets people started in homeownership which has a huge impact on the success of families.