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SHERMAN OAKS - Congressman Brad Sherman said home buyers in the San Fernando Valley will benefit from a higher cap announced Tuesday on the value of mortgages that may be purchased by government-backed enterprises designed to encourage home ownership.
Californians would bear the brunt of higher taxes on middle-class homeowners under a White House panel's plan to severely curb mortgage interest deductions.
The nine-member President's Advisory Panel on Federal Tax Reform recommended limiting the mortgage deduction as part of a proposal ostensibly designed to streamline the current income tax code.
Washington, D.C. - The House on Friday approved nearly $1 million for transportation and economic development projects in the San Fernando Valley, Congressman Brad Sherman announced.
Washington, D.C. - House Republicans are poised to hand out more tax breaks for the wealthy after voting 217 to 215 early Friday to cut $50 billion from student loans and health care for seniors, the disabled and poor.
Washington, D.C. - In a stinging rebuke to Republican leaders, the House on Thursday voted down a bill to cut $1.5 billion from critical education, health care and job training programs.
Washington, D.C. - The U.S. Census Bureau has agreed to a request by Congressman Brad Sherman to compile demographic data about the San Fernando Valley next year.
The Census Bureau had wanted to wait until the next decade to report on the Valleys population and economic data, but Sherman pressed the director to speed up the process.
Washington, D.C. - The House Ways and Means Committee on Wednesday considered legislation by Congressman Brad Sherman to offer tax relief to individuals who donated to relief groups helping victims of Hurricanes Katrina and Rita.
WASHINGTON “ In an embarrassing rebuff, House Republican leaders Thursday were forced to scrub a scheduled vote on a budget that would slash spending on student loans and cut health care for seniors, the disabled and the poor.
œThis budget was so bad that some of Speaker Hasterts usually loyal band of lockstep yes-men said ˜No, Congressman Brad Sherman said.
Washington, D.C. - The House on Wednesday voted for proposals by Congressman Brad Sherman to restore the Bull Creek channel in the Sepulveda Basin and to fund youth programs in Northridge and Van Nuys.
WASHINGTON “ Congressman Brad Sherman said Tuesday that Californians would bear the brunt of higher taxes on middle-class homeowners under a White House panels plan to severely curb mortgage interest deductions.