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Housing Bailout Plan Sparks Anger for Some

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Congressional leaders hope to wrap up a bill soon that would slow the pace of foreclosures. They're at their highest level since 1979. The bill has strong support from Democrats and quite a few Republicans. But the government bailout of borrowers and lenders is also meeting resistance — from renters and even other homeowners.

Some angry renters and homeowners who aren't behind on their payments say there's a double standard at work in efforts to keep delinquent borrowers in their homes. They argue that by bailing out lenders and borrowers who made foolish decisions, the government is putting taxpayer money at risk.

Curt Nickisch reports from member station WBUR.



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