President Obama’s State of the Union proposals mostly getting pushback from GOP
Cleveland.com - January 18, 2015 - January 20, 2015
Cleveland.com, By Ray Jablonski
The White House argues the new plan would save low- and middle-income homeowners nearly $1,000 per year, but the GOP claims the plan cuts against the goal of getting the federal government out of the mortgage business altogether, according to CNN.
Obama and Republicans at least partially agree on that front, and the president reiterated his call on lawmakers to wind down Fannie Mae and Freddie Mac last week. But Democrats on Capitol Hill have been resistant to sign on, saying the government mortgage giants provide a way into the housing market for millions of Americans, CNN reported.
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