In case you didn't already know that a taxpayer bailout would be forthcoming, here's the first:
"Today, we are proposing to allow state and local governments to temporarily broaden their tax-exempt bond programs to include mortgage refinancing," Paulson told a housing conference sponsored by the Office of Thrift Supervision. "If enacted, this would reduce the cost of innovative mortgage programs."
Paulson outlines mortgage-aid plan - Yahoo! News
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