President Barack Obama said Tuesday that he wants the federal government to step up efforts to help struggling families pay their rent and other bills, a stark contrast from the last administration when he suggested that housing prices would be kept “low.”
“The president’s proposal is one of the few ways to keep this city and our families affordable,” Obama said in a statement.
“This is a key issue that affects millions of families, including those with children who struggle to pay their mortgage, seniors who need health care and our young adults and their families.”
The White House did not release the president’s full budget proposal.
House Speaker Nancy Pelosi’s office had already said it would likely include an increase in the federal minimum wage.
Pelosi also said that her chamber would take up a $10.10 minimum wage increase in July, and a $15 minimum wage hike in 2022.
“I know that many people don’t realize that we have a $1 trillion surplus that is actually more than what we have in the budget, so it’s not a problem that’s just being taken care of,” Pelosi said.
“It’s not just being saved.
It’s being used for what it’s being saved for.”
Peloni said that the Democrats plan to address the housing crisis in her chamber.
“If we have to do that, we’re going to do it,” Pelosi added.
“I’m not going to wait around for the president to do what I know he’s not going do.
He’s not coming around to that.”
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