With the housing mess threatening to send the economy into a tailspin, politicians are scrambling to come up with a quick fix. Senate leaders this week announced they've come up with a housing bailout bill, including a $4 billion grant to local governments to buy foreclosed homes, authority for states to issue bonds for refinancing sub-prime mortgages, and a $7,000 tax credit for those buying new homes or existing houses in foreclosure. The bipartisan compromise package will cost taxpayers pl ...

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