Monday, June 6, 2011

CBO: True Cost of Fannie, Freddie Bailouts $317 Billion, Not $130 Billion Obama Claims...


The Congressional Budget Office (CBO) says the real cost of the federal government guaranteeing the business of failed mortgage giants Fannie Mae and Freddie Mac is $317 billion -- not the $130 billion normally claimed by the Obama administration. READ MORE...

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