Key Republican says Senate housing bill included too much spending for House

The top House Republican on housing said that provisions in the Senate’s bipartisan reform legislation wouldn’t have passed the House because they involved spending but emphasized that there is much overlap between that bill and the House’s new bipartisan measure.

The House Financial Services Committee advanced the bill, the Housing for the 21st Century Act, in December. The Washington Examiner sat down with Rep. Mike Flood (R-NE), the chairman of the housing subcommittee, to discuss the legislation, the process of crafting it, and what’s next.

TOP DEMOCRAT CHALLENGES TRUMP ON BAN OF BIG INVESTORS FROM SINGLE-FAMILY HOUSES

Currently, the legislation, which Flood characterized as a “true compromise” between the two parties, is awaiting a full vote in the House. There is also separate bipartisan housing legislation