DON'T FORGET - Turn Your Clocks Back An Hour Before You Go To Bed Saturday And remember - one fun way to pass the time |WATCH HIGHLIGHTS FROM THE 92-9 THE GAME STUDIO! |

Politics

The Big Housing Overhaul

View Comments
foreclosure
waok-jeanross125x90 Jean Ross
WAOK News Director Email Jean
Read More

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

Today, GOP lawmakers plan to introduce eight bills that each take a small step toward pushing the mortgage giants Freddie Mac and Fannie Mae out of business. The bite-sized approach to ease the government out of the mortgage system seems to acknowledge the difficulty in moving one big bill through Congress a bill that could also rattle the housing market during its tender recovery. AP Correspondent Bryant Thomas says Republicans are still smarting from last year’s effort to keep the mortgage giants from collapsing.

Republicans want to show voters of their desire to shrink government and protect taxpayers. They’re also under pressure to avenge last year’s financial overhaul bill, when the president and Congressional Democrats virtually ignored Republicans when they were crafting the legislation.

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 2,172 other followers