Senate Housing Bailout Gets Mixed Reviews

Published April 4, 2008 6:20pm ET



The Senate is considering a bipartisan housing bailout bill, loaded with tax breaks, that seems destined for easy passage. But it’s also guaranteed to meet stiff resistance in the House from fiscal hawks. The legislation aimed at helping ease the pain of the deflating housing market includes about $11 billion (over 10 years) in fiscal incentives. According to Congress Daily:

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