Jack Reed actually said...

"In Rhode Island, nearly 42,000 households spend more than 50 percent of their income on rent."

"As long as the market does not take into account the costs that we all bear for some of these activities, there isn't an incentive, a market incentive to reduce them."

"Thank you very much, Madam Chairman."

"It amounts to what I call partial disarmament on the part of the safety regulator. That is most disturbing."