Government-backed mortgage giants Fannie Mae and Freddie Mac are once again asking for billions in taxpayer bailouts – and they’re going to get it. How did President Obama arrange for these agencies to get unlimited bailouts through 2012? What would happen if they didn’t get the money? Can Congress do anything to stop the bailouts or even slow them down? We discuss it all with Louisiana Sen. David Vitter. Sen. Vitter also explains why he is deeply disappointed in President Obama’s plan for very limited energy exploration through 2017 and in the president’s delay in bringing Canada’s Keystone Pipeline to the U.S.
