"For whatever good HUD does, it clearly has not won the war on poverty," Rep. Jeb Hensarling, Texas Republican and chairman of the House Financial Services Committee, said in a June hearing. "Only economic growth and equal opportunity can do that. In other words, the greatest housing program in America remains a good career path in a growing economy, not a HUD program."
"This is a small step toward renewing a competitive free-market economy and arresting the rise of the progressive welfare state and the cronyism connected to it," House Financial Services Chairman Jeb Hensarling, Texas Republican, said. "Ex-Im is not only corporate welfare, it is corporate welfare for foreign companies and countries."