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The president’s State of the Union proposal to have Congress approve a sweeping mortgage-refinancing program funded by a bank tax has little or no chance of passage, analysts say.
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Obama's new plan would also cover loans issued by private mortgage lenders.
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The president opens an election-year debate on the role of government, drawing contrasts with Republicans on taxes for the wealthy and mortgage refinancing Analysis: President Obama used his State of the Union speech to draw contrasts with the GOP as he vowed to fight "obstruction," opening a debate on government's role. Video
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The president opens an election-year debate on the role of government, drawing contrasts with Republicans on taxes for the wealthy and mortgage refinancing. Analysis: By using his State of the Union speech to draw sharp contrasts with Republicans and vowing to fight "obstruction," President Barack Obama opened an intense election-year debate on the role of government.
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The president opens an election-year debate on the role of government, drawing contrasts with Republicans on taxes for the wealthy and mortgage refinancing. By using his State of the Union speech to draw sharp contrasts with Republicans on such high-profile issues as taxes and the housing market, President Obama opened an election-year debate on the role of government that could be more intense …
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