Barney Frank is Garnering More Support in Congress

Barney Frank has more support for his Internet Gambling bill.

Two more Congressional Representatives, James McGovern from Massachusetts' 3rd District, and Alcee L. Hastings from Florida's 23rd District have joined twenty-four other congressional representatives to co-sponsor H.R. 2046.

"There is upward momentum, thanks to the public calling and writing to their State Representatives encouraging them to take a serious look at the issue," reports Bob Hartman of Casino Web Cam, which announced the newly found support Friday morning. 

Barney Frank most recently has been on a crusade to stop the carnage in home foreclosures, which are now at an all time high.

Frank, who is chairman of the House Financial Services Committee, has introduced a bill which would put $1 billion into a fund to build affordable housing. The money, which would be partially funded by profits from Freddie Mac and Fannie Mae, would go directly to local communities, states, and other recipients to build or rehabilitate 1.5 million housing units in the next 10 years.

In announcing the new legislation Frank laid part of the blame for the current subprime mortgage problems on the lack of affordable housing, saying that lack pushed many people into purchasing homes they could not afford.

Hearings on the proposed legislation will begin on July 12.