but his administration is pushing forward with a plan that would punish home buyers who have good credit scores. sandra: force those with good credit scores to pay more for their mortgages in order to subsidize high risk borrowers. former president obama s top housing adviser that he brought on board during the financial crisis, david stevens, he is calling the move unprecedented and says the industry is in shock. he s here for an exclusive interview to explain why, and larry kudlow how it could depress the housing market even further. whistleblower allegations a game changer. you know, this is somebody in the irs at a high level who apparently is willing to come forward to tell congress during the investigation of hunter biden there was obstruction. it s another example the irs is a mess. the whistleblower ought to be heard. obstruction of justice and certainly will be pursued in congress. john: begin with the white house set to take questions as an irs special age
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housing guy. he advised obama during the housing crisis. he is speaking out about this saying that his in box was flooded yesterday with industry ceos saying they were shocked by this move, he called it unprecedented, he s going to be joining us exclusively in a few moments from now on this program to react. john: you work all your life to achieve a good credit rating and then oh, by the way, you are penalized for such a good job. guess who will have a lot to say about this, larry kudlow. a tornado sweeps through a small town in oklahoma killing at least two and ripping apart homes. where the severe weather is headed next, that s just ahead. sandra: wow, look at that. a major victory in the fight for fairness in women s sports. gop passing a bill banning trans athletes from competing with women and girls. but is it dead on arrival in the
that and more. stay with us. cheryl: new worries that 2011 will bring another bad year for home sales. the home prices are dropping four months in a row. foreclosures. foreclosures shooting up between july and december. wayne, you are the housing guy. everybody wants to know will it get better this year or next year? i don t think so. we have another six months to 18 months of depressed housing. both in prices and in sales. but you got to remember something. housing is a local thing. in certain areas you re going to have expansion. in other areas you are going to have contraction. south florida there is an 18-month supply of