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Waters Floor Statement in Support of President Biden’s Build Back Better Plan

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement on the House floor in support of the rule, which would pass the House’s budget resolution.

Thank you so very much. I am very appreciative for the time that I’ve been afforded. And I rise in support of the rule, which would pass the House’s budget resolution. The budget resolution will make historic investments in housing in this country.

We are in the middle of a housing crisis and as Chairwoman of the Financial Services Committee, it is not lost on me that more than 580,000 people experience homelessness on any given night, while millions of families are, at this moment, paying the bulk of their income towards rent. The bottom line is that “housing is infrastructure.” This is why I introduced the groundbreaking legislation, the Housing Is Infrastructure Act of 2021, to provide more than $600 billion to address our country’s affordable housing crisis, increase first-generation homeownership, and end homelessness. While the budget resolution only allocates $339 billion to the Financial Services Committee, this funding is still historic and will transform the lives of millions of families. However, we must first pass the budget resolution so that we can then pass the President’s Build Back Better agenda, including this historic funding for housing programs. This rule also brings us one step closer to the critical House passage of H.R. 4, the John Lewis Voting Rights Advancement Act!

And this president is going to bring all of the Americans who want to come home, home. I yield back the balance of my time.

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