I think we could debate whether or not an individual would be gaming the system based on what the Secretary eventually came out in terms of regulation behind this bill. But I think there is a larger issue here which is quite simple and, that is, if this bill goes through without this correcting amendment, you could literally buy a house for 50 cents on the dollar, for half price. You could buy it for half of appraised value. Is that not correct?
Discussing potential issues with a housing bill during a floor debate.
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No. One, it's not believable given the degree to which the Trump administration last go round, over which I overlapped a couple of years, incessantly talked about the market and what it was doing next.
Wouldn't it make sense to again enact that repeal for a longer time period so that more aid at a lower cost could go into Puerto Rico?
I think that this budget perpetuates this myth that we can balance the budget without impacting entitlements.
I guess my question to each one of you all would be, are we walking our way toward the most predictable financial crisis in the history of man, and are you abetting in that process?
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