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White House drops opposition to housing bill

October 9, 2018
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President Bush dropped his opposition Wednesday to legislation aiming to calm the chaotic housing market despite his objections to a $3.9 billion provision. (MSNBC — 23 July, 2008)
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House expected to vote later today on legislation aiming to calm the chaotic housing market. Bill could become law as early as this week.

(Washington Post — 24 July, 2008)
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The Senate� passed a housing rescue aimed at sparing homeowners from foreclosure and bolstering mortgage giants Fannie Mae and Freddie Mac. (MSNBC — 27 July, 2008)
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The Senate, convening for a rare Saturday session, approved the huge package by a vote of 72 to 13. President Bush could sign it as early as next week. (New York Times — 27 July, 2008)
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The Congressional Budget Office said a proposed rescue of Fannie Mae and Freddie Mac could appear on the federal budget as a $25 billion cost to taxpayers. (New York Times — 23 July, 2008)
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The number of households facing the foreclosure process more than doubled in the second quarter compared to a year ago, according to data released Friday. (MSNBC — 26 July, 2008)
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If you think the housing bailout bill will benefit only troubled homeowners, you may miss out on a windfall. (New York Times — 25 July, 2008)
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The Treasury secretary, Henry M. Paulson Jr., preached against excessive regulation. But he now finds himself leading an expansive government intervention. (New York Times — 9 hours ago)
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