Republicans Block Consideration of Housing Relief Package in Senate

Senate Republicans yesterday blocked consideration of a bill designed to prop up the struggling housing industry, declaring that the Democratic-backed provisions would harm mortgage lenders and inflame the housing crisis. With a 48 to 46 vote, the Senate did not gain the 60 votes needed to halt a threatened filibuster on the housing package. The vote capped a week of parliamentary gridlock in the Senate, which spent nearly three days mired in an Iraq war debate without casting a substantive vote on the underlying bill mandating troop withdrawal. Read more...

Posted by Editor at February 29, 2008 11:19 AM