Trump just pulled the rug on the biggest housing bill in 30 years.
The 21st Century ROAD to Housing Act passed the House 358-32 yesterday with overwhelming bipartisan support from both chambers. A signing ceremony was scheduled at the Capitol for today.
Hours before the signing, Trump posted on Truth Social that it's "hereby cancelled" until Congress passes the SAVE America Act first.
The housing bill would ban corporate investors owning 350+ single-family homes from buying more, streamline environmental reviews for builders, cut thousands off manufactured home construction costs, and tie federal dollars to communities that actually build housing. The median age of a first-time homebuyer has hit 40. Rents are up 47% since COVID. The U.S. is short over 4 million housing units.
The SAVE America Act he's demanding would require documentary proof of citizenship to register to vote, mandate photo ID for federal elections, and force states to hand unredacted voter rolls to DHS. It passed the House in February but can't clear the Senate filibuster.
Trump is using a broadly popular housing bill as leverage for a voting bill that doesn't have the votes, on the same day he's meeting with GOP senators who are increasingly frustrated with him hijacking their agenda. Senators spent months getting this across the finish line and he's telling them it means nothing until he gets what he wants on a completely unrelated issue.
The housing crisis is the number one kitchen table issue in America right now and the one bill both parties agreed on just got shelved for political leverage.
The 21st Century ROAD to Housing Act passed the House 358-32 yesterday with overwhelming bipartisan support from both chambers. A signing ceremony was scheduled at the Capitol for today.
Hours before the signing, Trump posted on Truth Social that it's "hereby cancelled" until Congress passes the SAVE America Act first.
The housing bill would ban corporate investors owning 350+ single-family homes from buying more, streamline environmental reviews for builders, cut thousands off manufactured home construction costs, and tie federal dollars to communities that actually build housing. The median age of a first-time homebuyer has hit 40. Rents are up 47% since COVID. The U.S. is short over 4 million housing units.
The SAVE America Act he's demanding would require documentary proof of citizenship to register to vote, mandate photo ID for federal elections, and force states to hand unredacted voter rolls to DHS. It passed the House in February but can't clear the Senate filibuster.
Trump is using a broadly popular housing bill as leverage for a voting bill that doesn't have the votes, on the same day he's meeting with GOP senators who are increasingly frustrated with him hijacking their agenda. Senators spent months getting this across the finish line and he's telling them it means nothing until he gets what he wants on a completely unrelated issue.
The housing crisis is the number one kitchen table issue in America right now and the one bill both parties agreed on just got shelved for political leverage.
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