NEW YORK (CNNMoney.com) – Treasury Secretary Tim Geithner is expected to announce Tuesday the Obama administration's long-awaited plans to address the foreclosure crisis.
But how much detail he'll reveal remains to be seen.
This much we know - the Obama administration wants to set aside between $50 billion and $100 billion to address the foreclosure crisis. Loan modifications are expected to be a central part of the plan.
The foreclosure crisis should have been addressed within the Stimulus Bill.
Why wasn't it?
I support my president. There is an intelligence behind the power that we have been missing for most of a decade. Thank you President Obama.
Tonight I heard a president who was focused on an unbeleivable array of critical issues. He taught the press that he will not be distracted by those who would like to rephrase his understanding of these issues. His power to communicate to people hungering for the voice of an intelligent advocate was in stark contrast to the past eight years.
Why is Geithner still around? How can anyone believe our new president about anything if he allows tax cheats to run major financial offices of our government? That's not change. That's just a different leader at the helm.
How can anyone believe our new president about anything if he allows tax cheats to run major financial offices of our government? That's not change. That's just a different leader at the helm.