These Senators Want to Lower Your Rent
“California Sen. Kamala Harris released a bill last month intended to help Americans pay the rent. The plan would give tens of billions in tax credits to approximately 20 million rent-burdened American households. The 2018 presidential hopeful’s ‘Rent Relief Act’ is co-sponsored by Democratic Sens. Dianne Feinstein, Richard Blumenthal, and Maggie Hassan, and has the endorsement of an array of fair-housing groups, big-city mayors like Los Angeles’ Eric Garcetti, and housing expert Matthew Desmond, the Pulitzer-winning author of Evicted. Harris’ bill would give renters what homeowners (with mortgages) have long enjoyed: a tax credit based on the value of their home.”