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Congressional News

Questions, Answers About Housing Crisis

Saturday, April 12, 2008 11:11:55 AM
By TOM RAUM

WASHINGTON (AP) - The Bush administration, Congress and the Federal Reserve are moving on separate tracks to calm troubled housing and financial markets and to help distressed borrowers. The three presidential candidates have weighed in, too.

Some questions and answers on the crisis, what has been done so far and the additional help that may be on the way.

Q: How did things get so bad?


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