Thursday, February 19, 2009

Obama Announces $75 Billion Foreclosure Prevention Plan

Here is an excerpt:
President Obama, calling the housing meltdown a "crisis unlike we've ever known," rolled out a $75 billion plan Wednesday that his administration hopes will keep as many as 9 million families in their homes.

The announcement in Phoenix comes a day after he signed a $787 billion economic rescue package that combines spending and tax cuts aimed at saving and creating millions of jobs.


There are reports saying that another stimulus is coming our way also. I heard it on Fox News. How much more spending is our country going to be able to take?Click here.
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