Political Quotes

On the recordMay 22, 2018
Mr. Speaker, I yield myself 3 minutes. Mr. Speaker, for far too long, far too many people in our country have struggled to make ends meet. They have struggled to buy a car. They have struggled to buy a home. They have struggled--they have struggled for their version of the American Dream. I hear from these people frequently, Mr. Speaker. I hear from Colton in Terrell, Texas, who said that he and his wife have been unable to get a mortgage due to credit and that they were 25, 30 years old and they had good credit but they were getting denied. They needed a home to provide a sense of stability, but they couldn't get it due to Washington's bureaucratic regulations. Mr. Speaker, I heard from Dirk in Dallas. He said he used to have a $100,000 line of credit from his bank. He had an unsecured signature line of credit that he used for working capital for his small business. He often paid it down to zero, and cash flow was ample, but then the bank canceled it because of the bureaucratic government burden on the banking system. I heard from Sherry in Eustace, who said: After a divorce 4 years ago, I needed to buy a car because my car was over 10 years old. I had a checking account in my name at my credit union, but they didn't loan me money for the car. {time} 1400 Mr. Speaker, we hear these stories far too often.…
Said by
Jeb Hensarling
Republican · Texas

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