7.27.2008

Bush to Approve Bill to Bail Out American Homeowners

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President Bush stated that he would quickly sign and approve a bill, if it came to him, to bail out American homeowners in debt.

From the Los Angeles Times :

"It is the government's most sweeping response yet to the nation's housing crisis.

The Senate, in a rare weekend session, overwhelmingly approved the measure, 72 to 13, a reflection of the election-year jitters on Capitol Hill over the troubled economy.

Earlier in the week, the House approved the bill, 272 to 152."

It seems as though the American public feels it's the governments responsibility to bail them out.

1 comment:

Anonymous said...

if we can help other countries why
not our own