Getting your player ready...
DAYTON, Ohio — Barack Obama told a campaign audience Thursday that John McCain’s mortgage plan would cost taxpayers billions of dollars and reward bad behavior by lenders.
Speaking in Dayton as he started a two-day bus tour of contested Ohio, Obama said McCain’s plan would force the government to absorb the full cost of renegotiating mortgages to prevent borrowers from losing their homes. Lenders should share some of the costs, he said.
The Democratic presidential candidate’s campaign also criticized McCain’s plan in a new 30-second ad to air nationally on cable TV.
