April 20, 2009
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1:57Now PlayingDan Holler, a Capitol Hill insider and U.S. Senate relations deputy at The Heritage Foundation, discusses how a controversial policy known as mortgage cramdown would allow bankruptcy judges to rewrite mortgages based on an individuals ability to pay, Congress proposed rewriting of the rules that govern how credit card companies operate, and President Obamas 83 billion dollar emergency war supplemental that is littered with non-emergency spending.
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