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Congress prioritizes war, spending bills.(CAPITOL UPBEAT)
Units, October, 2007
Congress returned in September from its summer recess last week after a month off with a busy agenda that will likely be dominated by the debate on the Iraq war and the unfinished annual appropriations bills. Those issues will make many of the housing-related bills pending in Congress a lower priority.
Congress will continue to work on housing-related legislation this fall, but final action on many NAA/NMHC-supported bills could be postponed until next year. For example, Section 8-voucher reform legislation is expected to be introduced in the Senate soon, but its prospects for passage before lawmakers adjourn for the year are unclear.
The outlook for Government Sponsored Enterprises (GSE) reform is also uncertain. A measure (HR 1427) creating a new...
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