Patrick Toomey actually said...

"I am looking forward to seeing a supplemental that is well crafted and, I hope, properly offset, because we also have a fiscal crisis of enormous magnitude."

"I will be very interested in seeing what the net effect of these changes are because we know that the interest rate component will reflect a significant adverse valuation here."

"before the taxpayers are faced with greater losses, I believe we must determine how the FHA got into this position, Mr. Secretary, and how it intends to get out."

"It is a pretty large effect that comes from the difference in the interest rate."