…U wanted change now U are getting it…???

…U wanted change now U are getting it…???

One of Trump’s first acts—axing a middle class tax cut

 

By Joan McCarter   ….At the top of popular vote loser Donald Trump’s dark, threatening inauguration speech was this:

The establishment protected itself, but not the citizens of our country. Their victories have not been your victories; their triumphs have not been your triumphs; and while they celebrated in our nation’s capital, there was little to celebrate for struggling families all across our land.

And then Trump proceeded to the President’s Room in the U.S. Capitol to sign orders. Like this one:

 

JUST IN: In one of first Trump admin. orders, Dept of Housing & Urban Dev. suspends reduction of FHA annual mortgage insurance premium rates

11:26 AM – 20 Jan 2017

 

That was a quarter of a percent cut in the mortgage insurance premium for FHA loan holders, announced last week by the U.S. Department of Housing and Urban Development and set to go into effect next Friday, January 27. The reduction was estimated to save the average FHA borrow $500 this year.

So much for the struggling families all across our land.

HUD suspends FHA mortgage insurance rate cut an hour after Trump takes office
01-21-2017  •  LA Times
The move by the Department of Housing and Urban Development — one of the first acts of Trump’s administration — reversed a policy announced in the waning days of the Obama presidency that would have trimmed insurance premiums for typical borrow

Day One Action: Trump Suspends FHA Premium Reduction;
01-20-2017  •  mishtalk.com by Mish
Move Makes Perfect Sense

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