Political Quotes

Randy Neugebauer: I urge my colleagues to be very careful here. We do not need for the Federal Government to be the piggy bank for folks…

On the recordMay 6, 2008
I urge my colleagues to be very careful here. We do not need for the Federal Government to be the piggy bank for folks that made poor decisions or to bail out the lenders that made loans to people that really didn't have the capacity to pay it back. It is not fair to penalize those folks that made good decisions and played by the rules by taking their tax money and rewarding those who didn't. For many of my constituents, they are having a hard time just making their own mortgage payment. What we shouldn't be doing is taking their tax money to pay their neighbor's payment. Madam Speaker, I encourage folks to be very cautious about these bail-out programs.
Said by
Randy Neugebauer
Texas

Editor's note · Context

Discussing concerns about government bailouts in the housing industry.

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