The Daily Truth About the Democrats' National Energy Tax
Truth #18: Marketing “Location-Efficient” Mortgages with Taxpayer Dollars
What the bill does: Requires a public awareness campaign to inform residential lenders and prospective home buyers about the availability, benefits, and terms of energy-efficient and “location-efficient” mortgages. Location efficient mortgages finance homes that, because of their location, will result in decreased transportation costs for the owner. The methods of public awareness may include entering into a contract with an appropriate entity to publicize and market such mortgages through appropriate media. (H.R. 2454, Sec. 289, p. 616.)
What this means for Americans: With record jobs losses and spiraling deficits, the Democrats’ national energy tax puts money into the pockets of marketing organizations in order to promote “location-efficient” mortgages, instead of putting money into the pockets of hard-working families and small businesses.
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For additional information, contact:
House Republican Conference Press Office (conferencepress@mail.house.gov)- McMorris Rodgers: It's Time For The President To Start Working On A Solution
- Chair McMorris Rodgers Leads "Millennial Meetup"; Discusses Impact of National Debt on the Next Generation
- McMorris Rodgers: "It's Time for the President to Stop Campaigning for Higher Taxes"
- 2/26/13 Republican Leadership Press Conference
- McMorris Rodgers on CNN's "Situation Room"
