Vote Description

Housing Crisis Funding HR 3221 (Roll Call 186)



The Senate adopted a House-passed mortgage bailout plan that would further nationalize the mortgage industry, raise limits on some risky loans, and added another $4 billion grant program to be handed out by local governments. ACU opposes this nationalization of a major industry, but the measure was adopted July 26, 2008 by a vote of 72-13.



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