House Republicans say want clean bailout bill

Sat Sep 27, 2008 3:11pm EDT
 
[-] Text [+]

WASHINGTON, Sept 27 (Reuters) - Republicans in the U.S. House of Representatives said on Saturday there were several issues that still had to be resolved in order to reach a deal on a financial rescue bill.

"We want to make sure that not only is it effective for the taxpayer, but that it is a clean bill that does not have special interest demands attached to it," Rep. Adam Putnam of Florida, a member of the House Financial Services Committee, said at a news conference with other House Republicans.

The House lawmakers, including Republican leader John Boehner of Ohio, cited a number of provisions that had been sought by Democrats, including funding for an affordable housing trust fund and a provision that would let bankruptcy judges modify mortgages for bankrupt homeowners.

(Reporting by Kevin Drawbaugh, Editing by Sandra Maler)

 

Featured Broker sponsored link

Analysis

Sheikh Mohammed bin Rashid al-Maktoum (C), Ruler of Dubai and United Arab Emirates' Vice President, attends the opening ceremony of Metro Dubai September 9, 2009.  REUTERS/Dubai Ruler Media Office/Handout
"Dubai model" was the vision of one man

The "Dubai model" -- building shining cities in the desert at breakneck speed through the import of foreign residents, finance and labor -- is now on the ropes.  Full Article