Bush Signs Massive Housing Rescue Bill
July 30, 2008 at 13:57 PM EDT
President Bush signed into law on Wednesday a sweeping housing rescue plan aimed at helping an estimated 400,000 homeowners pay off their troubled mortgages and replace them with more affordable, government-insured loans. Shortly after 7 a.m. Mr Bush signed the legislation into law that he initially opposed, threatening to veto it as overly socialistic. Things [...]