Stimulus Signed, Obama Moves To Foreclosures

by Scott Horsley, NPR
February 18, 2009

In Arizona Wednesday, President Obama outlines a plan to help homeowners who are struggling to pay their mortgages. He's promised to devote at least $50 billion to the effort to stem the rising tide of foreclosures. This is the second piece of the president's economic recovery strategy. The first piece became law Tuesday when he signed the massive economic stimulus bill.

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