WAMU 88.5 : The Diane Rehm Show

The Mortgage Interest Deduction And The U.S. Housing Market

President Barack Obama seems to be, so far, holding firm on his campaign pledge to raise tax rates for those with taxable income above $250,000, but he has also not ruled out reducing or eliminating longstanding tax breaks including the mortgage interest deduction. It’s been in effect for almost a century, and now costs about $100 billion a year in lost tax revenues. For many upper income tax payers, its benefit is clear, and it’s also believed to encourage home ownership. Please join us to discuss who the mortgage interest deduction helps, who it hurts and what would change if the rules were modified.

NPR

The Sweet Success Of Bananas Foster Has An Unsavory Past

One of New Orleans' favorite desserts is a lasting legacy of an oft-forgotten chapter in the city's history: the banana trade, and its infamous practices.
NPR

The Sweet Success Of Bananas Foster Has An Unsavory Past

One of New Orleans' favorite desserts is a lasting legacy of an oft-forgotten chapter in the city's history: the banana trade, and its infamous practices.
NPR

Ala. Chief Justice Roy Moore Suspended For Rest Of Term Over Gay Marriage Stance

The head of the state's Supreme Court loses his judicial ethics case and is ordered to pay the costs of the proceedings against him.
NPR

Rosetta Crashes Into Comet, Bringing Historic Mission To End

The Rosetta spacecraft has been orbiting the 67P/Churyumov-Gerasimenko comet for two years. Now scientists have ended the mission, and the spacecraft has lost contact with Earth forever.

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