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Senate must act quickly on housing rescue bill (Miami Herald)

Story date: 2008-07-25 04:30:56
Added on: 2008-07-25 05:00:33


Now that President Bush has sensibly changed his mind about vetoing the housing-rescue package approved by the House this week, the Senate must move quickly to pass this landmark legislation. Perfect it is not. It puts taxpayers on the hook for billions of dollars if the market collapses and rewards the giant mortgage enterprises that failed to exercise good judgment to avoid the trouble they're ...


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