- Social:
Center for American Progress
Director of Housing Finance and Policy at the Center for American Progress, a progressive advocacy group in Washington DC
PROFILE
Julia Gordon
Guest
FROM Julia Gordon
To the Point
Will Expanding the Housing Market Lead to Another Bubble? The housing market usually leads the way out of recession, but this time around it's a drag on economic recovery. So President Obama is going to give it a boost , making it easier for first-time buyers with low credit ratings to qualify for mortgages on new homes. Admittedly, it's a modest proposal — $900 in savings for just 250,000 people, when more than $2 million are needed for healthy growth. But critics call it a risky first step toward another sub-prime disaster -- just like the one that started the Great Recession a few years ago.
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To the Point
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
To the Point
White House budget proposal slashes and burns President Trump's first budget request is considered dead on arrival in Congress — a familiar development in Capitol Hill. We hear what it reveals about the priorities of the new administration. What's likely to die… and what might survive?