Congress Approves $300 Billion Housing Rescue Bill
July 26, 2008 at 16:08 PM EDT
The U.S. Congress approved on Saturday a major housing market rescue bill. The Senate and House took immediate action on the 694-page HR 3221 bill - that proposes, effective October 1, $300 billion in loan guarantees to help an estimated 400,000 families who face losing their homes to foreclosure. Included in this bill is also [...]
