Rewarding Irresponsible Decisions with Endless Bailouts

By: Congressman Frank Lucas (Diary)  |  March 6th at 09:38 AM  | 

Yesterday, Congress passed H.R. 1106, the Helping Families Save Their Homes Act. Supporters hope this legislation will restore liquidity in the housing market and assist those homeowners who are in foreclosure. While this is a lofty goal, the bill just passed may not achieve it. There are certain aspects of the bill that I can support. For example, permanently raising the FDIC insurance limit from | Read More »