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Republican Platform Won't Spare Mortgage Tax Deduction Cuts ...
Aug 21, 2012 . The nonpartisan, Washington-based Congressional Budget Office said that the mortgage-income tax deduction cost $80 billion in 2009.

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  • The mortgage interest tax deduction: What's at stake in budget talks ...
    Jul 22, 2011 . The federal tax law encourages homeownership in a big way by allowing homeowners to deduct from their income taxes the interest they pay .

  • Mortgage Interest Deduction Big in Budget Play - CNBC
    Jul 25, 2011. The mortgage interest deduction is back in big play in the budget deal. . of a tax deduction; like, say, mortgage rates going through the roof.

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  • FactCheck.org : Does House Budget Plan Cut Taxes or Not?
    Mar 26, 2012 . Plouffe, ABC's “This Week“: [H]ere's what that budget is. . Other tax preferences, such as the mortgage interest deduction, are just not that .

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  • Mortgage-Tax Break Curbed by Housing Slump - Bloomberg
    Apr 20, 2012 . The cost of one of the country's most expensive individual tax breaks is shrinking . The mortgage interest deduction is projected to cost the federal . President Barack Obama's budget proposal for fiscal 2013 would impose a .

  • Five Tax Deductions that Favor the Rich | Fox Business
    Sep 4, 2012 . The mortgage interest deduction on your federal tax return is . $61.5 billion for fiscal 2012, according to the Office of Management and Budget.

  • Kill the mortgage tax deduction?- MSN Money
    Sep 12, 2012 . Let's talk about the first one: eliminating the mortgage tax deduction. . interest deduction without revising the entire tax code and budget to .

  • Are Mortgage Payments Tax Deductible? - Budgeting Money
    There are elements of your mortgage payment that are tax deductible, namely your mortgage interest and property taxes. Under certain circumstances you may .

  • Md. proposes cap on mortgage interest tax deductions - Where We ...
    Feb 29, 2012 . What do you think of the proposal to alter the mortgage interest tax deductions to help local and federal budgets? Tell us in the comments .

  • Obama Budget Plan Curbs Mortgage Interest Deduction for Some
    Feb 14, 2012 . Obama budget plan curbs the mortgage interest deduction, a move that . The President's proposal would cap itemized tax deductions at 28% .


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  • Is the Mortgage Interest Deduction Doomed? - Minyanville
    Feb 22, 2011 . The new Obama administration budget calls for stemming the . Meanwhile, deductions on up to $1 million in mortgage debt, loans on . their deductions, missing out on one of the highly touted tax benefits of owning a home.

  • Paul Ryan's budget doesn't deliver - The Washington Post
    Mar 22, 2012 . The Congressional Budget Office (CBO), examining the major tax expenditures — such as . The deduction for mortgage interest, $1.6 trillion.

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  • The Tax Change That Threatens Homeownership
    May 2, 2012 . Could ending the mortgage tax deduction and toughening mortgage loan requirements jeopardize homeownership?

  • TPC Tax Topics | Restructuring the Mortgage Interest Deduction
    TPC Resources on President Obama's Tax and Budget Plans . The deduction for mortgage interest on owner-occupied homes is one of the largest individual .

  • 5 Things You Don't Know about Paul Ryan's Budget
    Mar 22, 2012 . A guide to some of the least obvious components of the House Republican budget proposal released yesterday by Paul Ryan.

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  • Debt Ceiling Battle Will Cost Homeowners Big Time | Fox News
    Jul 28, 2011 . It could be that homeowners and prospective buyers discover the much-loved mortgage tax deduction might be going away for good. According .