Marketplace®
Every story is an economic story
Feb 27, 2014

Marketplace for Thursday, February 27, 2014

When Freddie Mac hands the Treasury a $10.4 billion dividend next month, taxpayers will have received almost $82 billion back for the $71.3 billion in support  the mortgage giant received during the financial crisis. We look at whether the arguments for getting rid of Freddie and sibling company Fannie Mae– made back in the financial crisis – still hold. Next, the federal highway tax hasn’t been increased since 1993… and the Highway Transportation Fund is running out of money.

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When Freddie Mac hands the Treasury a $10.4 billion dividend next month, taxpayers will have received almost $82 billion back for the $71.3 billion in support  the mortgage giant received during the financial crisis. We look at whether the arguments for getting rid of Freddie and sibling company Fannie Mae– made back in the financial crisis – still hold. Next, the federal highway tax hasn’t been increased since 1993… and the Highway Transportation Fund is running out of money.