Senate advances housing bill by veto-proof margin

[moh malekpour]

http://thehill.com/leading-the-news...ing-bill-by-veto-proof-margin-2008-06-24.html

The Senate voted overwhelmingly to end debate on a major housing-rescue package Tuesday, signaling there is enough support to override a veto.
With polls showing voters increasingly concerned about the mortgage and foreclosure crisis, the Senate responded by setting up a final vote that would authorize a $300 billion expansion of the Federal Housing Administration's insurance program for struggling homeowners. The measure also includes almost $4 billion for grants for states to take over foreclosed properties, a provision strongly opposed by the White House

 

[Randolph Kinney]

That's about $1,000 per person population buy off for the election.

 

[tjcou812]

There are some good points and bad points about this bill. I just hope that it will help out the people that really need it and re-jump start this housing market. If it happens I also hope business will pick up for us appraisers because its been really slow for the past couple of years.

 

[Austin]

That's about $1,000 per person population buy off for the election.

This amounts to buying CA votes in the presidential election. If you read the comments in the news this was specifically aimed at CA's little problem. :new_all_coholic:

 

[Randolph Kinney]

This amounts to buying CA votes in the presidential election. If you read the comments in the news this was specifically aimed at CA's little problem. :new_all_coholic:

Too late. The median value has fallen below $417,000. But ... anything to curry favor with the voters and get reelected to your phony-baloney job.