Congressional Black Caucus Calls Proposed Foreclosure Bill Unacceptable

A proposed $300 million foreclosure-rescue bill could be passed by the Senate today, but President Bush is threatening a veto. The Congressional Black Caucus is calling the proposed bill unacceptable to Black Americans. The bigger question is how is the bill going to be financed. A bill that offers relief to distressed homeowners should be applauded, and not relegated to posturing along racial lines.