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Weaning off the Fannie and Freddie addiction and retargeting FHA will be a long process, but that process should begin with allowing the temporary loan limits to drop.
The Federal Housing Administration is supposed to support low-income housing without costing taxpayers a dime. Today, the FHA is subsidizing middle and upper-middle income homes - and setting itself up for a huge taxpayer bailout.
At this AEI event, Wharton professor Joseph Gyourko discusses the implications of his research on the Federal Housing Administration. Edward Pinto, AEI scholar and housing finance expert, will respond.
At a Hill event this morning in which Rep. Jeb Hensarling (R-TX), Vice Chairman of the House Financial Services Committee will participate, AEI housing finance experts Peter Wallison, Alex Pollock and Edward Pinto will introduce a new housing finance policy white paper.
The temptation on Capitol Hill is for Republicans to just crow briefly that "we told you so," issue a few press releases, hold a hearing or two, and then wait for another low-hanging rotten fruit of ObamaCare to fall off the tree through the forces of economic and political gravity. They should instead think more strategically about this opportunity.
Please join AEI for a series of policy discussions on the Hill to mark the week of the State of the Union address. These discussions will frame the many challenges we face at home and abroad in 2012 while also offering solutions. Food will be provided at each of the events on the Hill, so please RSVP to guarantee your meal.
Unless Congress acts soon, Medicare fees paid to physicians will be cut automatically 10 percent next year, with additional cuts of about 5 percent every year beginning in 2009. Organized medicine has made it clear that cuts of such magnitude would adversely affect senior access to health care as physicians...
The Access to Capital Coalition claims raising taxes on hedge-fund operators will adversely affect women and minorities.







