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Robert F. Kennedy Jr. on Welfare & Poverty

 

 


Guaranteed 3% mortgage for first-time homebuyers

Q: What do we do about high home prices resulting from big corporations buying up single-family homes?

KENNEDY: You change the tax code to make it more difficult for large corporations to accumulate thousands of houses. Here's a direct program: If you have a rich uncle who will co-sign your mortgage, you can get a much lower rate because the bank's basing it on his his credit rating rather than yours. So I'm going to give everybody a rich uncle, which is Uncle Sam, who will guarantee mortgages for single family first time single family home buyers at 3% interest. That will reduce the average price of mortgage by $1,000 a month. I will finance that not by increasing our debt, which I'm not going to do, but rather by selling tax free 3% bonds to finance it.

Q: I'm hearing shades of Fannie Mae and Freddie Mac in my head

KENNEDY: We have now surpluses in Fannie Mae and Freddie Mac, and those institutions could tie into this program, but we need this program.

Source: CNBC "Last Call" interview with 2023 Presidential hopefuls , Aug 30, 2023

Other candidates on Welfare & Poverty: Robert F. Kennedy Jr. on other issues:
2024 Republican Presidential Candidates:
Ryan Binkley (R-TX)
Gov. Doug Burgum (R-ND)
Gov. Chris Christie (R-NJ)
Gov. Ron DeSantis (R-FL)
Larry Elder (R-CA;withdrew)
Gov. Nikki Haley (R-SC)
Rep. Will Hurd (R-FL;withdrew)
Gov. Asa Hutchinson (R-AR)
Perry Johnson (R-IL)
Mayor Steve Laffey (R-RI)
Former V.P.Mike Pence (R-IN;withdrew)
Vivek Ramaswamy (R-OH)
Sen. Tim Scott (R-SC)
Secy. Corey Stapleton (R-MT)
Mayor Francis Suarez (R-FL;withdrew)
Former Pres.Donald Trump (R-NY)

2024 Democratic and 3rd-party primary candidates:
Pres. Joe Biden (D-DE)
V.P.Kamala Harris (D-CA)
Robert F. Kennedy, Jr. (I-NY)
Chase Oliver (L-GA)
Rep.Dean Phillips (D-MN)
Jill Stein (Green)
Cornel West (Green Party)
Kanye West (Birthday Party)
Marianne Williamson (D-CA)
Abortion
Budget/Economy
Civil Rights
Corporations
Crime
Drugs
Education
Energy/Oil
Environment
Families/Children
Foreign Policy
Free Trade
Govt. Reform
Gun Control
Health Care
Homeland Security
Immigration
Infrastructure/Technology
Jobs
Principles/Values
Social Security
Tax Reform
War/Iraq/Mideast
Welfare/Poverty

External Links about Robert F. Kennedy Jr.:
Wikipedia
Ballotpedia





Page last updated: Mar 10, 2024; copyright 1999-2022 Jesse Gordon and OnTheIssues.org