David Gergen actually said...

However, if the administration does move forward with forcing lenders to renegotiate mortgages downward, there are going to be a lot of conservatives who are going to say that -- what's called 'cram-down' is a terrible idea.

Context

Gergen discusses potential backlash from conservatives regarding the administration's housing policy, particularly the idea of mortgage renegotiation.

02/16/2009

https://transcripts.cnn.com...

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