"As the economy emerges as a likely defining issue in next year's midterm elections, President Trump has wrestled with Americans' rising cost of living, declaring himself the "affordability president," then soon dismissing the issue as something that "does not mean anything to anybody." At two White House events this week, the president accused Democrats of pushing a "fake narrative" about affordability to trick voters ahead of the election, calling them "great con people" who do not offer details about how they intend to lower prices."
"Meanwhile, Democrats on Capitol Hill are moving to shape an affordability-focused agenda ahead of the midterms, including a proposal to address rising housing costs. Sen. Adam Schiff (D-Calif.) will introduce legislation Thursday aimed at increasing the supply of affordable housing for low-income and middle-income families, expanding rental assistance and boosting funding for long-term housing and emergency homeless shelters, according to a draft copy of the bill reviewed by The Times."
President Trump has alternated between calling himself the "affordability president" and dismissing affordability as meaningless, labeling Democratic messaging a "fake narrative" and a "con job." He accused Democrats of being "great con people" who offer no details on lowering prices. Democrats on Capitol Hill are advancing an affordability agenda focused on housing. Sen. Adam Schiff will introduce the 48-page Housing BOOM Act to increase affordable housing supply, expand rental assistance, boost funding for long-term housing and emergency shelters, expand federal tax credits, create a $10-billion annual loan fund and a $5-million annual grant program.
Read at Los Angeles Times
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