Biden Suggests a Bigger Federal Role to Reduce Housing Costs

Biden Suggests a Bigger Federal Role to Reduce Housing Costs

Economists in the Biden administration are calling for more aggressive federal action to reduce costs for home buyers and renters, targeting one of the biggest economic challenges President Biden faces in his re-election bid. Policy proposals in a White House report released Thursday include potentially aggressive federal intervention in local politics, often dictating where homes…

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CBO Director warns lawmakers of rising deficit and interest costs

CBO Director warns lawmakers of rising deficit and interest costs

CBO Director Phillip Swagel testifies during the House Budget Committee hearing entitled “The Congressional Budget Office’s Budget and Economic Outlook” on Wednesday, February 14, 2024, in the Longworth Building. Tom Williams | Cq-roll Call, Inc. | Getty Images The director of the nonpartisan Congressional Budget Office warned House Democrats on Wednesday that the ballooning national…

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