Congress tackles economic issues

By: The Associated Press
By: The Associated Press

The struggling economy is dominating the agenda as Congress returns from spring break this week.

The Senate will consider a Democratic measure designed to tackle the mortgage mess by letting bankruptcy judges reduce loan amounts and interest payments for homeowners facing foreclosure.

Meanwhile, Fed Chairman Ben Bernanke will be on Capitol Hill tomorrow to answer questions about this month's buyout of Bear Stearns and the overall state of the economy.

Also tomorrow, oil company executives will appear before House lawmakers who are expected to ask tough questions about their companies' profits and renewable fuels amid high oil and gas prices.


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