Friday, June 10, 2011

True Cost of Fannie, Freddie Bailouts: $317 Billion, CBO Says

True Cost of Fannie, Freddie Bailouts: $317 Billion, CBO Says CNSnews.com
"The Congressional Budget Office (CBO) says the real cost of the federal government guaranteeing the business of failed mortgage giants Fannie Mae and Freddie Mac is $317 billion -- not the $130 billion normally claimed by the Obama administration."

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