On the recordJuly 15, 2010
Then I would just like to say that this has been an effort that has been moving forth. As we've said, we've had a lot of lapses in this program across the country. It's caused a lot of disturbances for folks who are trying to purchase new homes or refinance, and I think that we need a permanent extension of this for 5 years. So, again, I do have reservations about the additional spending; $500 million at this time of high debt and deficit and high unemployment is, I think, improperly placed, but this bill does have another purpose, and that is to make sure that homeowners and home purchasers can have the access that they need to the flood insurance program. With that, I yield back the balance of my time.
