PPI Senior Fellow Jason Gold weighs in on new housing legislation over at CNBC:
U.S. President Barack Obama’s election-year “to do” list for Congress appears likely to largely fall victim to partisan sniping, but one element — mortgage relief — is showing a pulse.
Republicans and Democrats in the Senate have both expressed interest in a bill that could make it easier for millions of Americans to refinance home loans, although they are circling each other warily as they try to determine their first steps.
“This is the one chance Washington could show the country that they can throw blue and red out the window,” said Jason Gold, a senior fellow at the Progressive Policy Institute, a left-leaning think tank.
“There is hardly a congressional district out there that would not see at least 10,000 households benefit. It’s a win.”
Read the entire article HERE.
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