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Deductibility of that Insurance Premium in calculating your federal income taxes. And it particularly helped low and middleincome people deduct the amount they pay for private mortgage insurance. And therefore, what does that do . That helps folks like that to buy a home. Is it home isnt homeowner ship something that is desirable in america . I think so. Well, we better pass this tax extenders bill. And ill give you another example. Excluding foreign excluding forgiven mortgage debt from income. It allows people to exclude forgiven morning debt from their income. Why am i raising this . Havent we just gone through the worst recession since the Great Depression . Didnt some people get so upside down in their mortgage with their mortgage being at this level but the value of their home dropping to this level, so that the mortgage that they owed was such greater amount than ....

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