Senator Obama

McCain’s Bailout: Déjà Vu All Over Again? HW+

In a heated debate Tuesday, Senator John McCain repeatedly touted his plan to bail out the ailing housing industry. “As President of the United States, I would order the secretary of the Treasury to immediately buy up the bad home loan mortgages in America and renegotiate at the new value of those homes, at the diminished value of those homes,” he said.