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Who benefits from mortgage interest tax breaks?
A tax break that started out as a way for the government to incentivize homebuying has primarily benefited the wealthy, research shows, while costing the U.S. government $30 billion a year in tax revenue. That amount may more than double in 2026. Also in this episode: OSHA works on new heat guidelines for the workplace, construction spending falls, and the Federal Reserve wants interest rates to be “neutral.”
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