Another proposal that is out there to stimulate the housing industry that I find attractive is to develop a national program, which could probably be run through Fannie Mae and Freddie Mac, where we would essentially create a mortgage rate of 4 percent.
Gregg suggests a national program to lower mortgage rates to stimulate housing.
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I think in order to get Republican buy-in on further revenues you are going to have to do policy changes in entitlement accounts that bend the curves in the outyear in a very substantial way, and make it clear that those accounts are…
Your careers may end happily before the reckoning. Your reelections may not be threatened by your inaction. But your consciences should be.
I am a great believer in investing in infrastructure. I believe that that does give you a very significant return.
I happen to believe that we need to restructure the Budget Committee completely.
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