[txlurker]

I’d provide struggling homeowners relief by offering a tax credit to low- and middle-income Americans that would cover ten percent of their mortgage interest payment every year.

Someone please correct me if I am wrong, but don't we already get to deduct mortgage interest on our taxes? That is the only deduction homeowners get anymore. We used to get credit card interest as well.

[SoothingDave]

Someone please correct me if I am wrong, but don't we already get to deduct mortgage interest on our taxes?

You can deduct it off of your income, which can reduce your tax liability. He's talking about a "tax credit" which is a direct reduction of your tax liability.