This week, my administration announced that we’re extending a program to help more responsible families modify their mortgages so they can stay in their homes.
But to keep our housing market and our economy growing, Congress needs to step up and do its part. Members of Congress will be coming back next week for an important month of work. We’ve got to keep this progress going until middle-class families start regaining that sense of security. And we can’t let partisan politics get in the way.
* Congress should pass a law giving every responsible homeowner the chance to save about $3,000 a year on their mortgage by refinancing at historically low interest rates.
* Congress should put more Americans to work rebuilding our crumbling roads and bridges, like the one that collapsed last week in Washington state. We’d all be safer, and the unemployment rate would fall faster.
* And Congress should fix our broken immigration system by passing commonsense reform that continues to strengthen our borders; holds employers accountable; provides a pathway to earned citizenship; and also modernizes our legal immigration system so that we’re reuniting families and attracting the highly-skilled entrepreneurs and engineers who will help our economy grow.
And if we work together, I’m as confident as I’ve ever been that we’ll get to where we need to be.