Date: October 20, 2011
Subject: Increasing Government-Backed Mortgage Limits
Description: An amendment to an appropriations bill to renew an increase in the allowable limits on government backed mortgages to well over $700,000. ACU opposed this attempt to increase taxpayer liability to a program that has cost $150 billion in bailout money to Fannie Mae and Freddie Mac. The amendment required 60 votes to pass.
Result: Amendment Agreed to, 60-38
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