Barack Obama actually said...

"We will make it possible for an estimated four to five million currently ineligible homeowners who receive their mortgages through Fannie Mae or Freddie Mac to refinance their mortgages at a lower rat..."

"We know that, if we do not act, a bad situation will become dramatically worse. Crisis could turn into catastrophe for families and businesses across the country."

"Jim, the Head of Caterpillar said that if Congress passes our plan, this company will be able to rehire some of the folks who were just laid off. And that's a story I'm confident will be repeated at c..."

"I don't want to pretend that today marks the end of our economic problems, nor does it constitute all of what we're going to have to do to turn our economy around. But today does mark the beginning of..."