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Tick…Tick…Tick…

We are dedicated to bringing you the most current and important housing news each and every day. We don’t get involved with the ‘what ifs’ of politics.  The current debate in Washington has caused a paralysis in consumers, caused by uncertainty. People just can’t be sure what is coming next.  As always, we will work hard to bring clarity to the confusion. We will share the best information we can find as this situation evolves. – The KCM Crew

August 1, 7pm- Passes in the House 269-161. On the way to the Senate.

August 1, 11am- The Wall Street Journal is doing a live blog on the issue for those who want minute-by-minute updates. We will continue to give you major updates.

August 1, 9:30am – Now up to Congress. They will need to put together the necessary votes for passage. Great article from CNN discussing the challenges of waiting to the last minute.

As we went to sleep on July 31st – President Barack Obama and congressional leaders reached agreement Sunday on a legislative package that would extend the federal debt ceiling. The proposed deal still requires congressional approval.

 


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