Sentences with phrase «stands as a backstop»

But President Obama's veto power would still stand as a backstop, requiring a full two - thirds majority — 66 votes — to be overridden.

Rather, it stands as a backstop so that lenders can issue loans at better terms, as if the applicant were actually making a downpayment.

Rather, it stands as a backstop so that lenders can issue loans at better terms, as if the applicant were actually making a downpayment.