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Released: May 02, 2013
Widespread principal reductions could save taxpayers billions
Source: Jacob Gaffney, HousingWire.com
The Congressional Budget Office released the result of its investigation into the potential costs a widespread mortgage principal reduction program may have on taxpayers' bottom line. The CBO concludes that, in one scenario, such a program could actually save taxpayers up to $2.8 billion.
Read Full Article: Widespread principal reductions could save taxpayers billions
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