Most Americans want the government to step in and help stop housing foreclosures, according to a new poll Thursday.
A majority of Americans - 58 percent - said they want the federal government to take further actions this year to prevent Americans from losing their homes through bank foreclosures, the Gallup poll found. Just 34 percent said they want the housing market to resolve its problems on its own.
Along partisan lines, a whopping 76 percent of Democrats said they believed it would be better for the economy if the government takes action, while just 31 percent of Republicans agreed. For independents, 61 percent said they also favored the government playing a larger role.
Over half of Republicans - 64 percent - said they do not want the federal government to take additional steps this year to help stop foreclosures.
President Barack Obama said in his State of the Union address Tuesday night that he’s sending Congress a proposal that “gives every responsible homeowner the chance to save about $3,000 a year on their mortgage.”
The Gallup pollsters noted in their report that “with the majority of Republicans opposing any government action and preferring that the housing market fix itself, it seems unlikely that new housing market legislation is going to pass the Republican-controlled House this year.”