Friday, August 26, 2011

REPORT: GOP Congress Directs $30 Billion For Struggling Homeowners Be Used To Pay Down Debt Instead

REPORT: GOP Congress Directs $30 Billion For Struggling Homeowners Be Used To Pay Down Debt Instead: pA new report by the investigative website Pro Publica has revealed that Congress diverted $30 billion in bailout money allocated to help struggling homeowners prevent foreclosure in order to pay down the national debt instead. There were more than 1 million foreclosure filings in the first half of 2011 alone, yet only a fraction of [...]/p

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