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February 10, 2012
Lisa M. Krieger: Man with defibrillator demands access to his own heart's information
David G. Savage: Why activists may not be in a hurry to have High Court rule on alternative marriage
February 9, 2012
Laura McMullen: 10 Least Expensive Public Schools for Out-of-State Students
Kimberly Palmer: How to actually enjoy -- relaxing, financially -- your vacation
February 8, 2012
Warren Richey: Why momentous Prop. 8 ruling might not satisfy gay-rights groups
Menachem Wecker: Though Controversial, LL.M.'s Can Lead to Specialized Legal Jobs
The Kosher Gourmet byDana Velden: Going to the bother of making soup? You know it better be good. This CREAM OF TOMATO SOUP certainly is! And it's a cinch to make, too (Includes techinques and serving secrets)
February 7, 2012
Frank J. Gaffney, Jr.: Caught off-guard? President's Super Bowl interview with Matt Lauer gives those who need a reason not to vote for him, a darn good one
Suzanne Bohan: Leaping lizards! Tiny reptiles advancing robot design
February 6, 2012
Jonathan Tobin: Iran Threatens Israel With Destruction, But the New York Times Doesn't Hear It
Jeffrey Fleishman: In newly democratic Egypt, tens of democracy activists jailed, to stand trial; their groups are 'threatening the stability of the homeland'
Julie Deardorff : Researchers say antioxidants may not be that effective and could do more harm than good
Mark Clayton: How did Anonymous hackers eavesdrop on FBI and Scotland Yard?
February 3, 2012
Edmund Sanders : Israeli official says Iran is creating missile that could reach East Coast of US
Victoria Kim: Immigrant-smuggling ring used black drivers to avoid racial profiling
February 2, 2012
Jim Carney: Wrong number call may have saved her life
Reza Kahlili : Ex-CIA spy in Iran's Revolutionary Guard: What Obama doesn't grasp about striking deals with Tehran
Tina Susman: For woodchuck rescuer, every day is Groundhog Day
February 1, 2012
Brian Bennett: US officials see increasing threat of domestic attack from Iran
Emily Brandon: How to Take Advantage of New 401(k) Fee Disclosures
January 31, 2012
January 30, 2012
Paul Richter and Ramin Mostaghim: Misreading Teheran's limits -- deadly and economically devastating as they may be -- is a risk administration, Europe seem willing to take
Suzanne Bohan: Warning: Nap-deprived tots missing more than sleep, study finds
Meg Handley: Banks Revamping Rewards Programs to Woo Customers
January 27, 2012
Caroline B. Glick: Obama: Of course I intend to prevent a nuclear holocaust . . . in a few months
Yochonon Donn: In liberal New York City, fervently-Orthodox Jews may soon be getting a district to call their own
Jeannine Stein: An inflated ego and thinking you're 'all that' doesn't just make others sick of you, it can make you ill
Katy Hopkins: New budget rules may affect how much money you get for college
January 26, 2012
Ed Koch: To the New York Times, calling for the murder of Jews by those capable of having their incitement taken seriously isn't news
Jeannine Stein: Mental illness struck one in five U.S. adults in 2010: Report
January 25, 2012
Richard Simon: House passes two bills endorsing the use of religious symbols at military memorials
Fred Weir: Putin: Multiethnic Russia cannot survive as a US-style 'melting pot'; must find its own way
Susan Johnston: 5 Sneaky Coupon Strategies Consumers Should Watch Out For
January 24, 2012
Carol Clark: The price of your soul: How your brain decides whether to 'sell out'
Caroline B. Glick: America lost most in 'Arab Spring'. Sadly, many voters still don't grasp the extent
Warren Richey: Drug criminal scores win in GPS ruling from conservative-leaning high court
Erika Bolstad: Black conservatives gather to talk about gaining strength
January 23, 2012
Melissa Dribben: Jewish voters to play a key role in Florida's Republican primary
Jordan Rau: In quest to grow, Catholic hospital system will announce this morning its break from church
Ali Safi: U.S. envoy gives Taliban terms for peace talks
January 19, 2012
January 18, 2012
January 17, 2012
Frank J. Gaffney Jr.: No-kidding red lines: U.S. response to an Iranian nuke may be bluster, but Israel's won't be
David G. Savage: They sued their principals after slandering them online --- now the cases are headed to the Supreme Court
David Francis: Where to Invest in 2012: With stocks expected to rebound, opportunity abounds for investors
January 13, 2012
Ben Lynfield: Israeli lawmakers move to annex Jewish Judea, one museum at a time
Alexia Elejalde-Ruiz: Thriving through touch: Gentle massage helps older people with low mobility improve in mind and body
January 12, 2012
Warren Richey: Landmark Supreme Court ruling a 'resounding win' for religious groups
Warren Richey: Supreme Court says no to new rule on eyewitness testimony
John Fauber : Statins found to raise diabetes risk in postmenopausal women
Katy Hopkins : Consider This Before You Pay for an Online Degree
The Kosher Gourmet by Joseph Erdos: This mushroom and barley soup has an intense -- almost nutty -- flavor that mixes robust with Middle East. It has creaminess without cream
January 11, 2012
Shari Roan: Millions of atrial fibrillation sufferers at risk for devastating, but preventable, stroke
Tom Hussain: Pakistan -- recipient of more than $21 billion in civilian and military aid -- speeds pursuit of Iranian pipeline, defying US
David G. Savage: High court signals it won't be loosening TV's 'indecency' rules
Stephen Ceasar: Oklahoma's Islamic law amendment can't go into effect, court rules
January 10, 2012
Reza Kahlili: From an ex-CIA spy: US must exploit new split in Iran's Revolutionary Guard
Karen Kaplan: Study: Nicotine replacement products ineffective when used in real-life situations
January 9, 2012
Michael Doyle: Put through legal hell over dream home, couple fought back hard --- all the way to Supreme Court
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Jewish World Review
July 31, 2008
/ 28 Tamuz 5768
When Congress Works
By
David Broder
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http://www.JewishWorldReview.com |
If you were to ask Democrats Barney Frank and Chris Dodd the principal architects of the massive housing bill signed yesterday by President Bush which of its many features pleases them most, the answer would surprise you.
It is not the bailout of Fannie Mae and Freddie Mac, the embattled mortgage giants, or the aid the bill provides for thousands of homeowners struggling to afford their subprime loans in a faltering real estate market.
Instead, it is the section creating the National Housing Trust Fund, a creative way of meeting the chronic shortage of affordable low-income rental units a huge problem in cities and rural areas across the country.
Dodd, a senator from Connecticut, told me, "That is the part that will have the greatest long-term impact." Frank, a Massachusetts representative, said in a separate interview, "That's what I'm most proud of."
Their views are echoed by two other legislators without whom this legislation would never have made it to the White House. Democratic Sen. Jack Reed brought his passion for affordable housing with him from Rhode Island and never gave up on pressing the cause. And Richard Shelby of Alabama, the former chairman and now ranking Republican on the relevant Senate committee, gave the measure the bipartisan backing it needed.
Even with Shelby's help, Dodd notes, the bill had to survive several cloture votes and the threat of a presidential veto, later withdrawn.
The lobbying campaign that supported this effort began in 2001 and involved hundreds of local governments and social service agencies. Sheila Crowley, president of the National Low Income Housing Coalition the person who coordinated the campaign kept hammering home the basic numbers: 9 million extremely low-income households in the United States and only 6.2 million units of affordable rental housing.
The bill addresses that imbalance by creating a new program within the federal Department of Housing and Urban Development. The National Housing Trust Fund does not depend on annual appropriations by Congress, which might never arrive, given the size of the federal budget deficit, the costs of two wars and runaway health-care programs.
Instead, it taps a portion of the profits that Fannie Mae and Freddie Mac make on their mortgage loans, estimated to yield at least $300 million a year and perhaps as much as $700 million.
Fannie and Freddie have had a rough time in the current housing slump, but all the sponsors of this legislation told me they are confident the two big lenders will survive. In one of the compromises that cleared the way for passage of the bill, next year the profits of Fannie and Freddie will be held in reserve to offset any losses the government incurs in helping seriously strapped mortgage-holders. So it will be 2010 before funding of the trust begins.
Each year, as the money comes in, the trust fund will distribute it to the states using a formula that measures the seriousness of their low-income-housing needs. At least 90 percent of the funds must be used to construct or rehab rental units. All of the benefits are ticketed for very low- or extremely low-income households.
For far too long, the federal government has been shirking its responsibility to help the neediest Americans meet their basic housing needs. Food stamp allocations have been increased repeatedly to combat hunger, in part because the farm lobby values the additional markets for its products.
But Crowley says this bill is "the first low-income-housing production program passed by Congress since 1990 and the first that specifically serves extremely low-income families since 1974."
That legislation of this scope and potential has passed Congress would be worth celebrating at any time. That it has happened now, when Congress is so mired in partisan battles and so paralyzed by the unmet challenges of energy, education, immigration and fiscal irresponsibility, is almost a miracle.
The public has registered its disgust with the performance of this Congress, and I have been equally harsh in my judgment. It is a particular pleasure, therefore, to salute a rare action that shows both professionalism and conscience in the lawmakers.
Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.
To comment, please click here.
Previously:
07/29/08: Management 101 for Senators
07/24/08: Obama's success abroad was pure luck
07/21/08: Obama's success abroad was pure luck
07/17/08: Governors offer real world wisdom. Obama and McCain would be wise to listen
07/14/08: Foes and allies strive to peg a shifty Obama
07/10/08: Fixing How We Go to War
07/07/08: Decider on the High Court
07/03/08: One Nation No More? Civics Needs a Boost, but Our Identity Endures
06/30/08: Dumbing Down the Presidency
06/26/08: Voting's Neglected Scandal
06/23/08: Why don't we know what makes Obama tick?
06/19/08: Foreign Policy's Best Hope
06/16/08: Perot, Back On the Charts
06/16/08: The Many Gifts of Tim Russert
06/12/08: Why Hillary played the womyn card
06/08/08: Eclipsed by the Adventures of Hillary
06/02/08: Obama in retreat
06/02/08: Reality vs. the Mythmakers
05/29/08: Hamilton Jordan's Message to Obama
05/27/08: Let the Veepstakes Begin
05/19/08: The mental exercise of placing Obama in the Oval Office requires more imagination than did moving Reagan from the silver screen to Pennsylvania Ave.
05/15/08: For Obama, a Lost Moment
05/12/08: The price of delay
05/08/08: Phoniness and inevitability
05/05/08: Winning by destruction: An insider reveals the Hillary game plan
05/01/08: Candidates' high-mindedness is rooted in religiosity; but Hillary and McCain don't have hater as inspiration
© 2008, by WPWG
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