Democrats Have No Plan for Dealing with Fannie and Freddie; Ignore Republican Proposal

CNS News
5/21/10

House Democrats appear to have no plans for dealing with the failed mortgage giants Fannie Mae and Freddie Mac, despite acting on dozens of other matters in the two months since Republicans proposed a way to rescue the two government-sponsored enterprises.

So far, taxpayers have spent $145 billion to keep Fannie and Freddie solvent, and that tab is expected to go much higher.

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