President Bush is no longer threatening to veto the housing bill coming his way. That means the new bill is all but guaranteed to become law very quickly — perhaps even as soon as this week. See recent AP story on it here. Here is a quote:
President Bush dropped his opposition Wednesday to a broad housing package aimed at bolstering the sagging economy, despite his objections to including $3.9 billion for neighborhoods hit hardest by foreclosures. The House was expected to vote on the bill Wednesday, and it could become law as early as this week.