Bush says housing deal possible
AP , North Little Rock: Jul 1 2008
Made Popular Jul 1 2008
f98b4017 76a3 4e5b af82 e8e65373c37b

President Bush is expressing confidence that he will reach a deal with Congress on a housing rescue plan but is prodding lawmakers to show “less politics.”

The president’s comments come as many homeowners are saddled with mortgage payments they can no longer afford and facing foreclosure. The Senate is considering a $300 billion plan to back cheaper loans for people who risk losing their home, but that measure has stalled for now.

Bush said he thought Congress would come up with a bill he could sign but said would require “less politics and more focus.”

He spoke at a credit-counseling agency in Arkansas that helps pay saddled with debt.

Add Images and Videos
Close X
Recommended Tags or Keywords
Search by Tags or Keywords
Selected Media ( You can Upload only Six media )
Add your Comment