Will Obama Mention the Mortgage Interest Deduction Soon?

Let’s face it: the mortgage interest deduction is in play. Candidate Romney has already said he will look at reducing the tax write-off though the general consensus is that if he does it will be in place for mortgages of less than $500,000. To date, Obama has said little about the MID, though it’s possible that he will counter Romney by arguing for a higher threshold because of expensive markets like New York, San Francisco, Boston, etc. But will vice president Joe Biden and his opponent mention it during the debates Thursday? Stay tuned.

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Comments (3)

How can anyone or a country codone Wilbur Ross buying Siongle-Family

Mortgages for 10 cents on dollar and not offer a Young couple with kids in the HOME >>>The same benefit and watch the Children thown out as Dad and Mom LOSE their Jobs because of our USA CROOKED Banks ? dimon

Posted by dimon james | Wednesday, October 10 2012 at 1:54PM ET

Yesterday Romney said MD is not at risk. Which really means he will today say it is. Who knows with this guy. Dems probably should bring it up if only for the sake of displaying how he changes his mind day after day on any subject. Disappointing that we can't get a feel for who Romney really is.

Posted by dagf | Wednesday, October 10 2012 at 2:05PM ET