Wednesday, July 30, 2008

Bush Signs "Housing" Bill

It's law.

President Bush signed the bill without any fanfare or signing ceremony, in the Oval Office in the early morning hours. He was surrounded by top administration officials, including Treasury Secretary Henry Paulson and Housing Secretary Steve Preston.

The bill contains provisions to fingerprint mortgage brokers, requires that all credit card transactions be forwarded to the IRS, and it raised the national debt ceiling by $800 billion.

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