I’m talking about using government funds to payoff or forgive either mortgage debt or credit card debt.
Seems like I’ve heard talk of doing so either based on flexibility in existing legislation, amending existing legislation or new (stimulus or otherwise) proposals.
I don’t think so… and I certainly hope not. For those of us who have dutifully paid our mortages and credit card bills on time it doesn’t give us much of an incentive to continue doing so.