It’s a shame that “probably won’t completely shut down the government in September” is the nicest thing you can say about Congress.
FHFA acting director Edward DeMarco continues to insist that Fannie and Freddie won’t do principal reductions.
One study suggests principal reduction could save taxpayers $3.6 billion.
DeMarco may be abdicating his duty–and preventing a fix that could lower unemployment.
“Deciding whether debt relief is a good policy for the nation as a whole is not DeMarco’s job.”
Rebate checks from insurers are in the mail to millions as we speak thanks to the Affordable Care Act.
Well played, the Onion: “2012 Election Likely To Be Decided By 4 Or 5 Key Swing Corporations.”
Related: Official in charge of enforcing PA voter ID law says, and we quote “I don’t know what the law says.”
Also: Check out TurboVote – it could be an election game changer.
Graphic of the day: comparing Senate Democrats’ and House Republicans’ tax proposals.