Political Quotes

“Mr. Speaker, I yield myself such time as I may consume. I'm rising today in support of this bill, H.R. 5981, and as our chairman said, we have been working diligently, I think, to bring forth solid FHA reform. We passed that bill almost unanimously--I think it was 406-4--probably about a month ago, and so the majority, the large majority of this House is in agreement with a lot of the provisions in that bill. One of the provisions, as he said, is raising the annual premium on FHA, and I think this is right and proper; and I think it's something we need to do because, as we know and as has been brought forth in our committee, the capital reserve fund has fallen, I believe, dangerously low. And what we're trying to avoid is a situation where we may be asked to bail or at least to help the FHA in some sort of infusion of dollars from the Treasury. So I wholeheartedly will support this bill, but I do want to reemphasize, as the chairman said, we had a whole host of reforms in our original bill. We cannot forget the other important reforms that were in the original H.R. 5072, and we need to move forward with those after our district work period and recess. We need to move forward with this as expeditiously as we did before we left. One thing in the short bill we're considering today, it does say that the commissioner has to come before the committee within 270 days.…”