Obama Calls On Congress To Approve Refinance Plan

By: AP
By: AP

WASHINGTON (AP) -- President Barack Obama is blaming congressional Republicans today for not passing legislation he proposed in February that would lower lending rates for millions of borrowers who have not been able to get out from under burdensome mortgages.

In his weekly media message, Obama cited historically low mortgages and pressed Republicans to back housing policies the White House says would help struggling homeowners refinance their debts and prevent foreclosures.

For the Republicans, Arizona congressional candidate Vernon Parker faulted U.S. corporate tax rates for pushing jobs overseas. He says the country needs "a pro-growth tax code that brings jobs home and keeps jobs here."

He also called for the repeal of Obama's health care law.

WILX.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, share your knowledge, and please suggest removal of comments that violate these standards. Comments may take up to 24 hours or longer to appear on the site.

See full commenting rules...
powered by Disqus
WILX 500 American Road Lansing, MI 48911 517-393-0110
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 171917871 - wilx.com/a?a=171917871
Gray Television, Inc.