Fannie, Freddie Targeted in Budget Talks

Before and after the election, we have countered conventional wisdom – which has it that GSE reform is on a back burner – because of the fiscal clout that comes from GSE change. So it has proved, with the leaked document released Sunday by the Washington Post outlining the President’s Grand-Bargain offer to the GOP showing a $30 billion whack out of the GSEs’ hide.

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