Vote On Housing Rescue Bill Looms In Congress

  • Playlist
  • Download
  • Embed
    Embed <iframe src="" width="100%" height="290" frameborder="0" scrolling="no">
  • Transcript

This week, Congress votes on a bill that would help homeowners facing foreclosure. The measure may also include a Bush administration plan to help mortgage finance companies Fannie Mae and Freddie Mac.

Allan Meltzer, an economist at Carnegie Mellon University, talks with Deborah Amos about how the proposed measure may or may not help homeowners. They also discuss what average Americans may face as the country continues to experience an economic slowdown.



Please keep your community civil. All comments must follow the Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.