Senators push back against using guarantee fees to offset spending
The Hill - March 17, 2015 - March 18, 2015
THe Hill, By Vicki Needham
A bipartisan group of senators are pushing back against possible plans to use revenue generated by mortgage giants Fannie Mae and Freddie Mac to offset federal spending.
Led by Sens. Mike Crapo (R-Idaho) and Mark Warner (D-Va.), a dozen lawmakers introduced a measure on Tuesday that would raise a budget point of order preventing the Senate’s use of the guarantee fees charged by Fannie and Freddie if a budget uses them to pay for other initiatives.
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