— Admin @ 9:29 pm — 
July 24, 2011- Proposing to reduce some of the mortgage interest deduction tax breaks for homeowners is like telling the local diner to take apple pie off the menu. It just isnt received well by a public that considers owning your own home an integral part of the American dream.
Yet, last week the Senates Gang of Six, three Republicans and three Democrats included mortgage interest deduction changes in their proposal for a $4 trillion reduction in debt over 10 years. And conservative Sen. Tom Coburn , a member of the Gang, included it in his own blueprint for a $9 trillion cut by eliminating up to $1 trillion in various tax breaks and loopholes.
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