Today the Senate agreed to move forward on a housing bill in an attempt to save the falling house market. Many people have been losing their homes due to the inability to afford their mortgage. The bill has been stalled in the senate because Democrat and Republican Senators can not agree on how best to solve the problem. It seems the only thing they agree on is that something has to be done sooner, rather than later. The bill put forward by the Democrat party had been threatened to be voted down by Senate Republicans until certain Republican Amendments made the agenda.
The bill was originally introduced on the 13th of February and now may be close to receive a vote.
This is a class blog for the students of POLSCI 426: Congressional Politics at the University of Wisconsin–Milwaukee.
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