Boehner doubtful Obama’s latest mortgage plan will work [VIDEO]

Nicholas Ballasy Senior Video Reporter
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House Speaker John Boehner said that he will be “taking a look” at whether President Obama’s mortgage refinancing plan can be implemented without congressional approval, but argued that none of the president’s past mortgage plans have worked.


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TheDC asked Boehner if Obama has the authority to implement his plan without congressional approval.

“I think that we’ll be taking a look at it. Listen, we’re all concerned about the mortgage problems and the state of housing in America,” Boehner said at the Capitol on Tuesday.

“The administration’s tried three or four different plans over the last couple of years. Frankly, none of them have worked and I believe that if it’s important, if we’re really going to help housing, we need to get our economy going again, get more people back to work and create more demand for housing around our country.”

President Obama announced the mortgage refinancing plan on Monday.

On October 12, TheDC asked Speaker Boehner about President Obama telling his Jobs Council to find areas of his $447 billion jobs bill to enact without congressional authority.

“Every president wants to ignore the fact that the people have sent 535 people to Washington to represent them. I’ve seen this from every administration that I’ve dealt with since I’ve been here,” Boehner responded.

“The fact is, we’re a nation of laws. We all swear to uphold the Constitution of the United States when we take our oath. My oath is no different than the president’s and neither are any of the members, and the Constitution gives Congress the authority to control the purse strings in our government and we will continue to do so.”

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