This statement was just released by Senate Minority Leader Mitch McConnell, regarding the compromise the Senate has reached on a housing bill:

Senior Senate Democrats and Republicans have reached an agreement in principle to strengthen the economy by addressing the nationwide foreclosure crisis. Getting to this point has required compromise by all sides. This is a solid, bipartisan start to keeping families facing foreclosure in their homes, helping other families avoid foreclosures in the future, and helping communities already harmed by foreclosure to recover.
This package addresses the core issues of this crisis, including foreclosure mitigation, mortgage counseling, FHA modernization and homeowner tax credits, among other provisions. We hope to quickly come to a consensus to move this bill to the floor, consider amendments to it, and pass strong legislation that helps struggling homeowners and our economy as a whole.

I haven’t gotten a chance to look at the details, but it reminds me of something my old boss, Robert Novak, liked to say. Whenever you hear the word “bipartisan,” be sure to check for your wallet.