May 17, 2007

HOUSE Key Vote Alert - GSE Bill

KEY VOTE ALERT
"YES" on Bachus/Biggert Amendment to the Federal Housing Finance Reform Act (H.R. 1427)


The Club for Growth urges members of the House to vote "YES" on the Bachus/Biggert Amendment to the Federal Housing Finance Reform Act (HR 1427). This vote will be included in our annual Congressional scorecard.

The Bachus/Biggert Amendment would strike from the bill the "Affordable Housing Fund" and all related requirements and references.

The Affordable Housing Fund is a new scheme that would force government-sponsored, privately-owned companies like Fannie Mae and Freddie Mac to allocate huge sums of money to a bureaucratically-controlled slush fund for the purpose of financing left-wing, anti-growth activists.

We urge all members of the House to vote YES on this amendment that would strip out this ill-conceived measure.

Our Congressional Scorecard for the 110th Congress provides a comprehensive rating of how well or how poorly each member of Congress supports pro-growth, free-market policies and will be distributed to our members and to the public.

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