"We are making progress although not in a straight line," Paulson said. "Housing continues to be at the heart of our economic challenges and remains our most significant downside risk."
Paulson says Housing Remains Biggest Threat
WASHINGTON (AP) - July 31, 2008
Paulson predicted in a speech Thursday that the economy will
continue growing moderately the rest of this year even though the
country faces major problems from the housing slump.