Remarks in Phoenix, Arizona
08/10/2004
https://www.presidency.ucsb.edu...
We're also making it easier for responsible homeowners to refinance into affordable mortgages insured by the Federal Housing Administration.
Seven hundred billion dollars is a significant amount of money, and as we act, we will do it in an effective way.
The United States Government is acting and will continue to act to resolve this crisis and restore stability to our markets.
We have the strongest and most resilient economy in the world.