Right. And that would reduce the tightness of the labor market and reduce pressures on inflation, right?

The Low-Income Housing Tax Credit... it's the strongest tool we have to date, but in and of itself, it's not enough.

The waiting lists in Maryland are long for affordable housing. The options are not really bright today.

the United States cannot and must not default on its debt and violate the full faith and credit of the United States.

I think the larger point here, based on your response to that first question about growth and profits, is corporations have a decision as to whether or not they are going to pocket more for profit, which they can, or provide higher wages…

The Neighborhood Homes Investment Act is aimed at dealing with that.

I won't work, and we will default. Other than that it is a spiffy idea.

But profits are the margin, right? They are going up beyond what they were before.

Congress needs to enact the New Markets Tax Credit Extension Act of 2023 (S. 234), which was introduced by Senators Cardin and Daines last month.

We therefore strongly urge Congress to pass the Neighborhood Homes Investment Act and thank Senators Cardin and Young for their leadership on this very important legislation.

I think clarity is really important at this moment, because there are lots of folks on Capitol Hill who think it is OK to play political games with the debt ceiling.

We do not have enough stock of affordable housing. Supply and demand issues--it's just not affordable.

Nobody should ever contemplate willfully forcing the Treasury to default in this fashion. Anyone who does is unfit for any public office in the United States.

If we don't act very quickly to bring more resources to the table, we're going to fall even further behind in the future.

I want to talk a little bit about the wealth gap, because home ownership is one of the areas that we deal with in trying to reduce the wealth gap in this country.

Senators Young and Cardin introduced the Neighborhood Homes Investment Act, which would create a Federal tax credit to finance home building and rehabilitation in urban and rural neighborhoods.

Due to testing positive for COVID-19 and following recommended isolation protocols, I was unable to vote. Had I been present, I would have voted ``aye'' on rollcall No. 125, ``aye'' on rollcall No. 126, ``aye'' on rollcall No. 127, ``aye''…

One can only regard with amazement the gentleman's insinuation that I want to hand power to the executive branch when we have been acting here in Congress to pass the Infrastructure Investment and Jobs Act and to pass the Inflation…