If this extension is not enacted, homeowners who are in short sales or foreclosures, and even those who are able to restructure existing loans and keep their homes, will be required to pay income tax on cash which they never actually had.
Discussing the need for tax relief for homeowners facing foreclosure.
Share
More from Tom Reed
We have produced jobs. You cannot argue that fact: 493,000 manufacturing jobs added since the tax cut bill.
I think what you are articulating and what your testimony to me represents is that we should take that impact into consideration as we discuss Social Security reform.
I am fairly confident that the American people are astute enough...if there are concerns in the agreement that need to be raised, they will be raised.
Our principles in this mission are simple: Long-term economic growth by encouraging work, not penalizing it; equal treatment for public servants; acting now to defend those future generations' benefits; and protecting the most vulnerable…
Other voices in this conversation
