Received a response for my "CAR - Call To Action" call made and the response I received today! It really does make a difference when we all take the time to have our voices heard!
Dear Estella:
Thank you for contacting me about H.Res. 25, legislation expressing support for the current Federal income tax deduction for interest paid on debt secured by a first or second home. I appreciate hearing from you on this important legislation.
As you know, the home mortgage interest deduction allows Americans a federal tax deduction, based upon interest paid on a first or second home mortgage. This deduction acts as an incentive for homeownership, providing relief for American families and promoting a path to homeownership for the middle-class.
I believe the strength of our economy depends on a strong housing sector. At a time when our nation's housing market continues to recover, removing the mortgage interest deduction would serve to destabilize our fragile recovery.
H.Res. 25 has been referred to the House Committee on Ways and Means, where it awaits further action. Please know that I will keep your views in mind, should it reach the floor of the House of Representatives for a vote.
Again, thank you for contacting me to express your support for the mortgage interest tax deduction. To learn more about my work in Congress, or to sign up for periodic e-mail updates, please visit my website at www.house.gov/matsui.
Sincerely, DORIS O. MATSUI Member of Congress |
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