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YouTubeCBS Sunday Morning
Dealing with the crushing costs of child care
For some, the high cost of child care in the U.S. is a higher expense than rents and mortgages, or even in-state college tuition, and has pushed tens of thousands of women out of the workforce this year alone. Tracy Smith talks with Reshma Saujani, CEO and founder of Moms First, who says Americans need to rethink how we think about child care ...
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Late last week, Donald Trump posted a graphic comparing the familiar 30-year mortgage to a proposed 50-year term, implying that longer amortization might be the next landmark housing reform. Shortly thereafter, Bill Pulte, Director of the Federal Housing Finance Agency, confirmed via social media that “we are indeed working on The 50-year Mortgage, a complete game-changer.” (housingwire.com) The backdrop: soaring home prices, persistently elevated interest rates and sagging affordability have pu
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