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Thread: One Minute Commentary: Fannie/Freddie Bailout

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    Jun 2006
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    Default One Minute Commentary: Fannie/Freddie Bailout

    U.S. Considers Bringing Fannie, Freddie on to Budget

    Sept. 11 (Bloomberg) -- The Bush administration is considering whether to fold Fannie Mae and Freddie Mac's $5.2 trillion in debt into the federal budget, the White House budget office and the U.S. Treasury Department said.

    ``We're discussing how to present this in the federal budget with Treasury and stakeholders right now, but a conclusion hasn't been determined,'' said Corinne Hirsch, a spokeswoman for the Office of Management and Budget. The Government Accounting Office and other federal agencies are also weighing in on the issue. more...
    Last edited by FRED; 09-11-08 at 12:51 PM.

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