The Washington Post reports that President Obama wants the federal government to continue to have a major role in housing finance, perhaps by creating a new version of Fannie Mae and Freddie Mac. Despite an almost immediate denial of the story by Deputy Treasury Secretary Neal Wollin, the Post’s account …
Congress is trying to fool you. Here’s how they do business. A piece of legislation is going to cost trillions of dollars, but Members of Congress don’t want the public to see that. Instead, they have the Congressional Budget Office (CBO) look at the bill for just the first 10 …
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