July 17, 2024

Biden

USA Today - President Joe Biden will announce a new 5% cap on rental increases nationwide, a proposal aimed at stemming inflation-driven housing costs that have not dipped since the pandemic. Biden hopes to unveil the proposal during his campaign stop in Nevada, a critical swing state for Democrats that has been crippled by soaring housing costs. Under the new measure, which would require congressional approval, corporate landlords would lose the ability to write off depreciation values from their units if they increase tenants' rent more than 5%.

Newsweek -  President Joe Biden touted his administration's effort to remove "every poisonous lead pipe" in American households during his speech at the National Association for the Advancement of Colored People National Convention on Tuesday afternoon in Las Vegas. Biden delivered the keynote address at the convention. Among topics discussed included the economy, with Biden focusing on helping Black families purchase homes, eliminate debt and ensure their access to clean water.

In 2023, the EPA released data that shows Florida as having the most lead service lines in the country at 1.16 million lines, according to a report by U.S. News. Illinois, Ohio, Pennsylvania, Texas and New York also have a higher percentage of lead lines. A Natural Resources Defense Council (NRDC) survey in 2021 revealed that lead is still found in up to 12.8 million service lines, impacting approximately 22 million people."We're removing, which is costly, every poisonous lead pipe in a house in America, so every child can drink clean water without fear of brain damage," Biden said to smattering applause.

 

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