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Headline: White House to Announce Foreclosure Aid

The White House is set to announce a plan this morning that will help struggling homeowners avoid foreclosure. Secretary Alphonso Jackson of the Department of Housing and Urban Development and Secretary of the Treasury Henry Paulson will announce the proposal this morning. The plan is known as Project Lifeline, and will help overdue homeowners delay foreclosures for 30 days while they try to negotiate more affordable terms with their lenders.

Do you think an extra 30 days will help those in a mortgage crisis? With the record number of foreclosures sweeping the country, what would you like to see the government do to help — or do you think the government should remain detached from the problem?


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