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Derrick Van Orden: “The offset for this on average will cost $8 a month for a…”

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

'They're Bamboozling The American Public!': Derrick Van Orden Flames Dems Over VA Benefit Bill

Published May 21, 2026 | Video Starts at 02:32

And that's what this bill is doing. And I strongly support Mr. Baird for doing this. This should have been done years and years ago, but it simply was not. The offset for this on average will cost $8 a month for a second home loan or refinance. That's less than a cup of coffee at Starbucks. And I am absolutely willing to pay that for my fellow veterans 100% $8 a month increase to refinance or use your veterans home loan guarantee benefit a second time. (02:32–02:41)

CLAIM

Asserts the average cost increase for veterans using the home loan guarantee a second time.

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Derrick Van Orden

“Unelected bureaucrats under the Biden administration decided to start buying loans from lending institutions without authorization.”
'They're Bamboozling The American Public!': Derrick Van Orden Flames Dems Over VA Benefit Bill | Uploaded May 21, 2026 | 00:32-00:40
“The VA loan program was projected to cost $16 to $20 billion.”
'They're Bamboozling The American Public!': Derrick Van Orden Flames Dems Over VA Benefit Bill | Uploaded May 21, 2026 | 00:58-01:12
“Under the previous administration, the VA bought loans, lowered the interest rate to 2.5%.”
'They're Bamboozling The American Public!': Derrick Van Orden Flames Dems Over VA Benefit Bill | Uploaded May 21, 2026 | 00:58-01:12
“The VA had to contract back with the institutions they just bought the loan from to service the loan.”
'They're Bamboozling The American Public!': Derrick Van Orden Flames Dems Over VA Benefit Bill | Uploaded May 21, 2026 | 01:12-01:19
“The vast program would have destroyed [the VA home loan guarantee program].”
'They're Bamboozling The American Public!': Derrick Van Orden Flames Dems Over VA Benefit Bill | Uploaded May 21, 2026 | 01:32-01:34
“I corrected the problem with the partial claim bill.”
'They're Bamboozling The American Public!': Derrick Van Orden Flames Dems Over VA Benefit Bill | Uploaded May 21, 2026 | 01:35-01:39
“The partial claim bill will be implemented next month on the 15th.”
'They're Bamboozling The American Public!': Derrick Van Orden Flames Dems Over VA Benefit Bill | Uploaded May 21, 2026 | 01:50-01:54
“There were veterans that lost their homes during this period of time.”
'They're Bamboozling The American Public!': Derrick Van Orden Flames Dems Over VA Benefit Bill | Uploaded May 21, 2026 | 01:54-01:58