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Derrick Van Orden: “I have concern that you could potentially destroy the VA…”

Featuring: Derrick Van Orden, Republican | U.S. House, Wisconsin, District 3

Rep. Van Orden Questions John Bell About VA's Home Loan Program at Economic Opportunity Sub Hearing

Published February 16, 2024 | Video Starts at 00:48

And this speaks to something. I have very little confidence in the Veterans Administration's ability to effectively administer this program that you failed to even mention. And I have concern that you could potentially destroy the VA home loan program and damage the larger housing market. And I understand that you're well meaning your intentions. However, the road to hell is paved with good intentions. (00:48–00:54)

CLAIM

Asserts potential risk to the VA home loan program and housing market.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Derrick Van Orden

“I have very little confidence in the Veterans Administration's ability to effectively administer this program [VASP].”
Rep. Van Orden Questions John Bell About VA's Home Loan Program at Economic Opportunity Sub Hearing | Uploaded February 16, 2024 | 00:40-00:47
“I have concerns now and I don't care who is in the White House because this affects our veterans and is not political.”
Rep. Van Orden Questions John Bell About VA's Home Loan Program at Economic Opportunity Sub Hearing | Uploaded February 16, 2024 | 01:12-01:20
“Do you interpret these to allow you to potentially make the American public responsible for being billions of dollars in debt?”
Rep. Van Orden Questions John Bell About VA's Home Loan Program at Economic Opportunity Sub Hearing | Uploaded February 16, 2024 | 01:42-01:54
“We understand that some express concerns that VASP will target an interest rate of 2 1/2% and most veteran borrowers have an interest rate…”
Rep. Van Orden Questions John Bell About VA's Home Loan Program at Economic Opportunity Sub Hearing | Uploaded February 16, 2024 | 02:01-02:20
“This program has the potential to destroy the entire program by driving the Veterans Administration into the dirt along with other markets.”
Rep. Van Orden Questions John Bell About VA's Home Loan Program at Economic Opportunity Sub Hearing | Uploaded February 16, 2024 | 04:34-04:48