Fact Sheet: Taking Responsible Action to Help Homeowners and the Economy
"Today, President Bush delivered remarks at the Economic Club in New York and discussed the appropriate role the government must play to strengthen the economy and protect our communities. The U.S. economy is structurally strong, but we are experiencing a period of economic challenge. Concern over the housing market has shaken the broader economy, but the President believes the government can respect the principles of the free market, while also taking sensible, focused action to help responsible homeowners weather a rough patch."