Nation: HOME, SWEET HOME: Kennedy's $6.1 Billion Housing Bill

By a vote of 235-178, the House last week whipped through the Kennedy Administration's vast housing bill. Already passed by the Senate, the program this week goes to a House-Senate conference, which is expected to reconcile minor differences between the two versions. By far the home-sweet-homiest bill in history, the Administration's program adds up to some $6.1 billion in loans and grants to be spent mainly during the next five years. Built upon a questionable foundation, Kennedy's housing bill is honeycombed like a Victorian mansion with baffling passageways—but it also possesses the political...

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