Obama Turns To Executive Action To Sidestep Congress

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After saying "we can't wait" for Congress to act, President Obama is slated to begin issuing a series of executive actions to move his economic agenda forward.

Monday's action will change the eligibility standards for a mortgage refinance program to help more underwater homeowners stay in their homes.

On Wednesday, the President will announce a policy change making it easier for college graduates to repay federal student loans.

White House officials say the President will announce a new initiative every week until the end of the year, including new rules to help veterans and small businesses.


  • Michael Shear, chief writer for The New York Times political blog, "The Caucus"

This segment aired on October 24, 2011.


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