New legislation would permanently bar using Fannie, Freddie g-fees for federal spending

For much of last year, Congress engaged in a fight over the potential use of funds raised from Fannie Mae and Freddie Mac’s guarantee fees to cover federal spending. New legislation introduced this week in the House of Representatives would ensure that a fight over the use of g-fees to fund federal spending will never happen, by permanently banning the use of g-fees as budgetary offsets.

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