It looks like that will be one of the conditions set down by the Senate Republithugs to allow the bill housing bailout to the floor.
Senator Dodd’s bill also creates a housing trust fund with resources from Fannie Mae and Freddie Mac to build or preserve rental housing for extremely low and very low income people. Senator Shelby wants those funds to be used to pay for the new FHA program instead.
I’m not sure what upsets me more, the ‘Phants balancing the budget on the back of people who are closest to being homeless, or the fact that I’m not surprised by their venality and evil.