Is the IMF about Ready to Muscle U.S. Taxpayers?

Read entire article HERE.

" ..the agency argues that the United States needs to move more aggressively to both cut spending and raise revenue, to the tune of $350 billion or more above what the administration now plans...

Allowing homeowners to deduct their mortgage interest payments from their income taxes, for example, is a staple of U.S. housing policy, considered a way to make homeownership more affordable. The IMF came out harshly against the deduction, saying that it was part of a homeownership system that was "costly, inefficient and complex," did not demonstrably increase ownership rates compared with similar countries without the same tax incentives, and mostly benefited "the better-off.""
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Note: Home interest payment deductions going bye-bye is a huge mistake if you ask me. That will kill a lot of people's budgets for sure.