In due course he'd probably happily take deduction caps as well.

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The government could, for example, design a program to subsidize mortgage interest payments under the same terms as the current deduction, only instead of including it in your tax return, you'd send the relevant financial information to a different agency, which would cut you a check.

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The longest-serving member of the House of Representatives, John Dingell (D--Mich.), has a proposal to strip Americans of their mortgage interest deduction if their homes exceed 3, 000 square feet.

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