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Obama vows commitment to mortgage tax break

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If reelected, President Barack Obama would not touch the mortgage-interest tax deduction for middle-class families, he said last night during a speech accepting his party’s nomination for president at the Democratic National Convention in Charlotte. Instead, any tax increases or deficit reduction measures would be aimed at households earning more than $250,000 per year, he said. “We believe that when a family can no longer be tricked into signing a mortgage they can’t afford, that family is [more]



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