as Democratic Party Mayors from major cities attending the Democratic National Convention (DNC) in Chicago later this week told delegates, officials and other attendees that housing — especially affordable housing — remains an issue. need.
talk with Marketplace.org On local housing issues, Democratic mayors are urging recognition of the ongoing affordable housing crunch, an issue they hope the party and voters will pay more attention to in the coming months.
“The No. 1 issue is housing,” Columbus, Ohio, Mayor Andrew Ginther said at a press conference at the event. “This is the No. 1 issue cited by mayors across the United States when they talk about the major challenges facing their cities. The next administration and Congress must pass the largest and most comprehensive housing investment legislation in U.S. history.
Economic indicators generally look positive, but there is a disconnect between them and the sentiment of ordinary Americans facing rising costs.
The deficit has also grown larger. As the convention began, Vice President Kamala Harris unveiled her campaign plan to partially repeal the then-2017 tax bill signed into law by raising the corporate income tax rate from 21% to 28% to pay for new investments. The Tax Cuts and Jobs Act (TCJA).
Chicago Mayor Brandon Johnson said there is a need to shift the financial burden away from working-class people who are feeling the pinch due to costs. In terms of appealing to voters, Johnson told Marketplace.org that Harris’ recent proposal to provide a $25,000 tax credit for first-time homebuyers should resonate.
“Working people in this country are overburdened,” Johnson said. “The good news is the message is there. Now, we have the messenger. The American people are going to make the right decision, and they’re going to have an election.
Harris will formally accept the Democratic presidential nomination on Thursday. This comes after she unveiled a number of housing policy proposals last week.
