When we consider what the U.S. Administration may hope to gain by curtailing the mortgage interest tax deduction, we should consider it in light of inefficiencies and fraud in healthcare that cost more. Bloated charges to Medicare cost HUNDREDS of BILLIONS to the U.S. government. In other words, the government is reimbursing some for services that were never provided to any taxpayer. This isn't a Red or Blue issue it is an American issue.
Continue Reading Fiscal Cliff Debate, Mortgage Interest Deduction Compared to Cost of Medicare Fraud