Next Bailout Going to Homebuilders? - The Ring Of Fire

422 views · Published 12 January 2009 · 3:50 · Indexed 20 September 2026

Channel: The Ring of Fire · 2009 · News & Politics

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Description - Despite the GOP spin on the issue, America's homebuilders are not begging for a handout like Wall Street did.  They are simply lobbying Congress to spend the remaining $350 billion of the bailout package on things like tax credits for new homebuyers and on making sure average Americans don't continue falling into foreclosure.  Mike Papantonio of Air America's Ring of Fire appears on Fox News' Bulls and Bears to debate the issue.

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