President Barack Obama is back on the stump today, just one day after signing the most expensive economic recovery bill in history, Obama introduced his housing plan with a $75 billion dollar price tag.
“By making these investments in foreclosure-prevention today, we will save ourselves the costs of foreclosure tomorrow — costs borne not just by families with troubled loans, but by their neighbors and communities and by our economy as a whole,” Obama told a crowd in Mesa, Arizona. “Given the magnitude of these costs, it is a price well worth paying.”
For more details about the president’s three part economic plan, tune into Wednesday’s edition of Politics Live.
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