Republicans against helping homeowners

With the Bush Republican administration adamantly opposed, Congressional Democrats could take up the FDIC's plan when they return for a lame-duck session next week. Or the plan could set the stage for a new foreclosure prevention initiative once President-elect Barack Obama takes office in January.

At Friday's hearing, lawmakers complained that the Bush administration is ignoring the will of Congress and slighting homeowners on the verge of foreclosure in its latest approach to spend $700 billion in economic rescue money.