Week Ending Friday, October 5, 2007

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Author: George W. Bush  | Date: October 4, 2007

Statement on House of Representatives Passage of Mortgage Forgiveness Debt Relief Legislation,
October 4, 2007

In August, I proposed a comprehensive plan to help homeowners avoid foreclosures and stay in their homes. As part of this plan, I pledged to work with Congress in a bipartisan way to temporarily reform a provision of the Federal Tax Code to make it easier for homeowners to refinance their mortgages during this time of market stress. Today a bipartisan majority of the House of Representatives passed legislation to help people stay in their homes and move this process forward. I applaud the House’s efforts. I urge the Senate to swiftly consider this legislation and make it temporary.

Note: The statement referred to H.R. 3648.

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Chicago: George W. Bush, "Statement on House of Representatives Passage of Mortgage Forgiveness Debt Relief Legislation, October 4, 2007," Week Ending Friday, October 5, 2007 in United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, October 5, 2007 (Washington, D.C.: U.S. Government Printing Office, 2007), 43:1300 Original Sources, accessed July 20, 2019, http://www.originalsources.com/Document.aspx?DocID=QLDWFNWTGTQD7FP.

MLA: Bush, George W. "Statement on House of Representatives Passage of Mortgage Forgiveness Debt Relief Legislation, October 4, 2007." Week Ending Friday, October 5, 2007, in United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, October 5, 2007 (Washington, D.C.: U.S. Government Printing Office, 2007), 43:1300, Original Sources. 20 Jul. 2019. www.originalsources.com/Document.aspx?DocID=QLDWFNWTGTQD7FP.

Harvard: Bush, GW, 'Statement on House of Representatives Passage of Mortgage Forgiveness Debt Relief Legislation, October 4, 2007' in Week Ending Friday, October 5, 2007. cited in , United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, October 5, 2007 (Washington, D.C.: U.S. Government Printing Office, 2007), 43:1300. Original Sources, retrieved 20 July 2019, from http://www.originalsources.com/Document.aspx?DocID=QLDWFNWTGTQD7FP.