If you look deep inside the 2013 federal budget(Appendix P. 636-ish) released today, it looks as if the Federal Housing Administration (FHA) is asking for a cash bailout for the first time its 78-year history.
A $688 million bailout from the U.S. Treasury, a.k.a. the taxpayers.
Well that might have been the case several months back, when the White House Office of Management and Budget (OMB) was running the numbers.
Now, not so much.