Housing, the hidden entitlement

posted by
August 17, 2011
Boston Globe
by Joshua Green  
Posted in Commentary, PND Commentary

"Amid all the clamor about entitlement reform during the struggle to raise the debt ceiling, one enormous cost -- and potential source of future savings -- largely escaped scrutiny: the billions of dollars the United States spends to support the mortgage market. ... Today, the government backs 95 percent of new loans, leaving taxpayers more exposed than ever." (08/17/11)


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