Detailed text transcripts for TV channel - CNN - 20110214:14:04:00
Serious about debt reduction but have to invest in our future. the republicans say none of this goes far enough. >> the changes in the mortgage tack break, too, right? >> a lot of talk about this. this is the most loved and beloved tax break out there. for middle class and upper middle class, they write off their mortgage interest zeroing in very closely, what the white house wants to do, people who make $209,000 or higher to limit some of those deductions. that tax deduction is $131 billion a year in revenue that goes right back to taxpayers. that break could raise a lot of money for this bud...
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