Political Quotes

On the recordApril 11, 2018
Mr. Speaker, I yield myself the balance of my time. Well, the ranking member poses the question, ``Why?'' I can tell you why, Mr. Speaker. It is because Therese from Waco has written: I would like to express my disappointment at being rejected for a home loan, which would cost less than the house I presently have been renting for 5 years. As a small-business owner, I run my design studio out of my home office and take every tax break that is legal to offset the taxes payable if I didn't. We do it for Sherry from Eustace, who writes: After a divorce 4 years ago, I needed to buy a car because my car was over 10 years old. I have a checking account in my name, I have a savings account, but they did not loan me money. There is an onslaught of financial regulations that is costly, intrusive, burdensome, and is causing credit to be less available--less available--to the people who need it. That is why we do this, Mr. Speaker, week after week after week. We do it to make sure that our constituents can buy homes, that they can have cars. If they have tough times, if they lose a job, if they go through a painful divorce, that is why we do it, Mr. Speaker. {time} 1515 Again, stress-tests are important. That is why banks do it themselves every single week. But the question is: How do we calibrate this? We have used the ranking member's prescription, and that of my friends on the other side of the aisle, and it brought us 1.6 percent economic growth.…
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Jeb Hensarling
Republican · Texas

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