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Women losing coverage under Obamacare, too
Topic - Karl Smith
For example, he noted a key breakthrough this year when Fannie Mae and Freddie Mac achieved profitability after five years of government conservatorship and a deep housing recession, enabling them to provide the Treasury with a one-time cash dividend of $87 billion that partially repays some of the $190 billion they received in a taxpayer-financed federal bailout in 2008.
The revenue windfall from Fannie and Freddie, which was part of the reason for the big reduction in federal spending and deficit estimates this spring, also provided a powerful clue about the underlying strength of the economy, Mr. Smith said.