California is now considering $150k home loans for illegal immigrants with the Democratic supermajority in the state likely to pass the law.
The California state legislature, which has a Democratic majority, is likely to pass a bill this week that would make undocumented immigrants eligible for the “California Dream for All” home loan program.
This program provides up to $150,000 in down payment assistance for first-time and first-generation homebuyers whose incomes are below certain county-specific limits.
This proposal comes at a time when immigration has been a major political issue during the national election cycle.
The Trump campaign has worked to tie Vice President Kamala Harris to the Biden administration’s border policies, which have been unpopular with some voters.
Governor Gavin Newsom, who has been a prominent surrogate for President Biden and VP Harris, has not indicated whether he will sign the bill into law if it reaches his desk before the end of the state’s legislative session on August 31, reports AOL.
Reached for comment by Fox News Digital, a spokesperson for Newsom said the governor “doesn’t typically comment on pending legislation.”
“If the bill reaches his desk, the Governor will evaluate it on its merits,” the spokesperson added.
Meanwhile, Trump campaign spokesperson Karoline Leavitt told Politico the bill is “fundamentally unfair but typical Democrat policy.”
Democratic lawmakers in the state have defended the legislation, arguing that it is simply designed to give undocumented state residents the same benefits afforded to everyone else in the state.
“It isn’t given out willy nilly to just anybody,” Democratic Assemblymember Eloise Gómez Reyes said during a June hearing on the bill.
The bill’s author, Democratic Assemblymember Joaquin Arambula, has argued that the proposed legislation still requires applicants to meet certain federal requirements, such as having a taxpayer identification number or Social Security number, in order to apply for the home loan program.
The main issue, according to Arambula, is a federal law that prohibits undocumented immigrants from receiving state benefits unless there is a specific state law explicitly outlining their eligibility for those benefits.
“We simply wanted to be as inclusive as possible within our policies so that all who are paying taxes here in our state were able to qualify,” Arambula told Politico.
“Without the intentional law that we are introducing, we felt that there were complexities and questions that many in the immigrant community would have.”
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Also Read: Donald Trump Now Plans To End Social Security Taxes For Retirees
Other Politics News Today
Billionaire Grant Cardone now scrutinizes Harris’ painful tax proposals claiming she will double the prices of homes overnight.
“The Kamala Capital Gains Tax WILL DOUBLE Home Prices Overnight
The Math 🧮 The average $440,000 home will have to be sold for $648,000 to net the same dollars to seller,” Cardone posted on X.
The Undercover Billionaire star says that tens of millions of Americans will be unable to access the equity of their home during their retirement years.
Grant laid out what he predicts will be a result of Kamala Harris getting voted into office:
- Sellers will increase price to make up difference.
- Fewer homes will sell – already at all time low.
- Sellers will turn homes into rentals exacerbating housing shortage.
- New buyers will be priced out of the market allowing institutions to dominate ownership of real assets.
- Tens of millions of Americans will be unable to access their equity during retirement.
While Kamala is proposing a myriad of tax increases, Trump has suggested lowering and eliminating taxes completely.
“Seniors should not pay tax on Social Security,” Trump wrote on July 31 in all capital letters on social media platform Truth Social, and repeated the point during an Aug. 7 Fox & Friends interview.
However, Trump is not the first to suggest the elimination of taxes on Social Security benefits.
One Democratic bill introduced in January in the House of Representatives — the You Earned It, You Keep It Act — likewise calls for excluding Social Security benefits from gross income for federal income taxes.
If enacted, the bill would save the typical senior household almost $560 per year, the Senior Citizens League, a non-partisan senior group, recently estimated.
Trump is also proposing ending income tax after announcing a new strategy on tariffs.
The impact of raising costs on tariffs would mean that prices would rise on all imported goods.
However, Americans would keep more of their hard-earned money.
Also Read: Donald Trump Now Plans To End Social Security Taxes For Retirees
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