Democrats say the new housing bill will help the housing market and the economy as a whole, but President Bush will sign reluctantly and against the wishes of many Republicans. Will lenders agree to restructure loans on homes facing foreclosure? Will backing Freddie and Fannie put taxpayers at risk? Also, a female suicide bomber kills dozens in Iraq, and Denver really wanted the Democratic National Convention, but there's a lot the city didn't count on--like a presidential candidate who can pull an audience of 80,000 people.
A Bailout the President Couldn't Refuse
From this Episode:
Obstacles on the Road to the Denver Convention
The City of Denver worked hard to attract this year's Democratic convention , hoping to spotlight the new international airport, the new wing on the art museum and the...
Female Suicide Bombers Kill Dozens in Iraq
In the midst of a four-year low in violence, Iraq today was struck by four suicide bombers. Twenty-five were killed and 178 wounded by a suicide bomber in Kirkuk. In...