President Barack Obama is asking Americans to press Congress to pass his new U.S. homeowner relief plan that includes a tax on financial companies that Republicans have already rejected.

WASHINGTON (Reuters) - President Barack Obama on Saturday pressed lawmakers to pass his proposal to provide up to $10 billion in aid to struggling homeowners, saying a failure to address the housing crisis would put the rest of the economy at risk. quot;The housing crisis has been the single biggest drag on our recovery from the recession. It has kept millions of families in debt and unable to spend ...

President Barack Obama is rallying support for his plan to expand government assistance to homeowners, pressuring Congress to help lower lending rates for millions of strapped homeowners.

U.S. President Barack Obama on Saturday pressed lawmakers to pass his proposal to provide as much as $10 billion in aid to struggling homeowners, saying a failure to address the housing crisis would put the rest of the economy at risk.

US President Barack Obama on Saturday urged Congress to approve his plan to provide relief to millions of homeowners who are having trouble paying mortgages.