Revision of back at 2007 from December 26, 2007 - 8:38pm

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Democrats rolled into DC this January with the fervor of any party that's been waiting to get back in power for a decade.

But their hopes to kick some legislative butt got bogged down by Ground Hog Day head-butting over Iraq and a weak majority in the Senate (where a record 62 bills were filibusterd). Any chance of passing bipartisan legislation on immigration reform was handicapped by the president's increasingly feeble political capital.

Even so, not nothing got done. Here cJ recaps the moderate amount of work Congress got done in '07.

Housing. With the mortgage market on shaky ground, Congress started looking at ways to help out families defaulting on their sub-prime loans and also to shore up the credit market. The only bill that got signed into law, HR 3648, would keep families from being taxed on any mortgage debt they were forgiven (which is normally taxed).

 

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