Sheldon Whitehouse actually said...

"If my roof has a hole in it and the rain comes in, the sooner I fix that, the less my family's long-term cost of that repair."

"I could not agree with you more, and I think that we have a window of time... The fiscal knives do not have to come out in the kind of emergency ways that you are suggesting they will have to if we do..."

"It applies to every single type of debt, including debts that the banks hold, except for one kind, and that is the poor residential mortgage holder."

"But don't we have, in effect, a capital liability to fix that bridge, that if we were accounting in a full kind of all-in way, we would recognize some way?"