Breaking Through The Noise: Econ Facts, July 10, 2026
FINANCIAL FRIDAY
🏠 Trump chooses not to sign the bipartisan Road to Housing Act
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- Automatically becomes law anyway today
- He’s pouting over his voter suppression SAVE Act failure
- Act aims to lower cost of housing and spur construction
- Reduces regulations, speeds up construction, curbs corporate landlords
- Current median age of first-time homebuyer is 40
- Rents have increased 47% since covid
- Expands financing for buyers
- Encourages innovative housing
- New $ for communities to transform old properties
- Home sales in 2025 were 30 year low
📈 US deficit expected to be $55 trilllion in 10 years
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- Tax breaks to the wealthy 1% are not working
🍎 98,000 PA residents no longer have SNAP food help because of R law, BBB
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- Work requirements for Medicaid recipients yet to come
📢 Make Your Voice Heard
Kennett Area Democrats
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