The Subprime Mortgage Situation: Bailout Not the Right Solution
Publication Date: September 2007
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Ronald D. Utt; David C. John
Research Area: Banking and finance
Keywords: Economy; housing; debt; federal reserve
Type: Brief
Coverage: United States Iraq
Abstract:
The government's response should be limited to dealing with the immediate problem and should not become a vehicle for expanded housing programs or pushing other agendas. With a few key modifications, the President's proposal could meet that standard.
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