Derrick Van Orden is lying again.
Last year, Van Orden set his sights on gutting a VA home loan program that helped 33,000 veterans afford their mortgages – calling the effort to provide relief to service members “moronic” and introducing a bill that would “hobble the program to the point of essentially killing it.”
Now, Van Orden’s dream is a reality:
NPR reports that more than 10,000 veterans lost their homes after the loan program was struck down, with an additional 90,000 veterans heading towards foreclosure – “the highest pace of foreclosures for VA loans in a decade.”
Thanks to Van Orden, veterans are left to take on “punishingly higher payments,” while also shouldering the burden of Van Orden’s disastrous economic agenda that’s raising costs across the board.
REMINDER: Last year, advocates and mortgage experts sounded the alarm and “issue[d] dire warnings not to scrap VASP,” knowing what ending the program would mean for foreclosure rates.
DCCC Spokesperson Katie Smith:
“Derrick Van Orden killed a VA loan program, now tens of thousands of veterans are losing their homes and facing the risk of foreclosures. Van Orden must explain to West Central Wisconsin why he believes ending VASP was the right decision when it’s veterans who are paying the price for yet another Washington-first, Wisconsin-last decision.”
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