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Bipartisan Lawmakers Propose Mixed Solutions to Affordability Crisis

3/26/2026

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Summary

Story summary

On March 26, 2026, lawmakers from both Republicans and Democrats proposed solutions to America's affordability issue.
Economists criticized many of the proposals as insufficient or misguided.
Republicans proposed capping credit card interest rates and extending mortgage terms to 50 years.
A new GOP law eliminated taxes on tips, car-loan interest, and overtime pay.

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Story summary

On March 26, 2026, lawmakers from both Republicans and Democrats proposed solutions to America's affordability issue.
Economists criticized many of the proposals as insufficient or misguided.
Republicans proposed capping credit card interest rates and extending mortgage terms to 50 years.
A new GOP law eliminated taxes on tips, car-loan interest, and overtime pay.