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Mortgage tax break at risk? ยท WAHomeowners.com

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Mortgage tax break at risk?

Mortgage tax break at risk?

Just as Social Security and Medicare benefits were dangled above the shredder in the debt-ceiling debate, another sacred cow could end up on the chopping block soon.

The mortgage-interest deduction, which allows 35 million homeowners to write off their mortgage-interest payments, may be in for serious restructuring if efforts to pare the bulging federal debt are broadened.

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