by Calculated Risk on 7/10/2008 01:38:00 PM
Thursday, July 10, 2008
Senate Housing Bill Getting Closer
From the WSJ: Senate Housing Rescue Bill Edges Closer to Passage
The Senate voted resoundingly Thursday to push closer to passage a massive mortgage rescue to help hundreds of thousands of stressed homeowners, even as the bill faced new obstacles in the House.
By a vote of 84-12, the Senate cleared away the last procedural hurdle hindering the measure, putting the election-year aid package on track for approval as early as Thursday afternoon.