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February 26, 2009 | | Comments 0 | Filed Under: DailyForeclosureGovernmentNewsWall StreetWorld

Perfect Storm Forces Democrats to Nix Housing Vote

House Speaker Nancy Pelosi said the postponement of a housing vote until next week was necessary to give the bill more context.

Different wings of the House Democratic caucus Thursday forced House Speaker Nancy Pelosi, D-Calif., to nix a scheduled vote on a bill designed to resuscitate the flailing housing industry.

Lawmakers from the moderate, business-minded New Democrat Coalition and fiscally-conservative Blue Dog Coalition helped force the delay until next Tuesday.

“They weren’t confident they had the votes today,” said a senior House aide.

For full article click on link

 http://www.foxnews.com/politics/2009/02/26/perfect-storm-forces-democrats-nix-housing-vote/

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