We condemned the continuation of emergency law earlier this -- last year, when it was extended.

WHITEHOUSE: Press Briefing

At the time, FHA MIP was also funding (amazingly by law) the Temporary Payroll Tax Continuation Act of 2011, which as we know, ended on December 31st, 2012.

FORBES: Engineering Homeownership For Non-Homeownership Candidates

The law that authorizes the funding of the Payroll Tax Cut Continuation Act of 2011 through increased FHA MIP premiums should be repealed and a new source identified to foot the bill.

FORBES: How The Payroll Tax Cut Is Costing Low Income Borrowers