A Housing Slush Fund
We just finished debate and voted on HR 1852, the Expanding American Ownership Act of 2007. Ordinarily this would not raise any eyebrows, in fact a similar bill passed 415-7 during the 109th Congress. However as I blogged on August 1st (scroll down to that date to see the full blog) the divisive d...
We just finished debate and voted on HR 1852, the Expanding American Ownership Act of 2007. Ordinarily this would not raise any eyebrows, in fact a similar bill passed 415-7 during the 109
th Congress. However as I blogged on August 1st (scroll down to that date to see the full blog) the divisive difference involved today is the creation of a proposed new entitlement program, which has commonly been referred to as The National Affordable Housing "Slush" Fund. The final bill passed by a vote of 348-72. There were several good aspects of this bill which can help with the current housing crisis, but in the end, I was among the 72 who voted against it for the reasons I listed in the August 1st posting.
