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  1. 35% of gross income is a little over a normal max payment-income ratio on a mortgage (33%). That’s as much as you can pay for your home if you want a bank loan. But a lot of people go to the max. That’s pretty normal.
  2. On top of that, to qualify for public housing, your income has to be low enough — which means you’re not paying income taxes, unlike the people buying a house. So they’re at 33% pre-tax and pay taxes, and you’re at 35% pre-tax but also post-tax. Not sure what you’re expecting here.
  3. In English, “cut” means to spend less next year than this year. The amount “cut” is the difference. Washington-speak is not English. In Washington-speak, what someone previously promised would happen next year becomes the “baseline” against which what actually happens is compared. So, someone could have promised to raise spending 10%, and the combined rate of CPI and population growth could be under 3% per the Dept. of Labor and the Census Bureau, and you could end up raising spending by 5%, and it would still be a cut — a massive, heartless, cruel, Draconian, evil cut. But it wouldn’t actually be a cut. Or you could spend $300MM less than the prior year, but $2BN less than what someone had proposed for this year, and the MSM would report that the cut was $2BN. But outside the Beltway, people speak English, not Washington-speak, and it is extremely misleading to present the Washington-speak version to people who are interpreting what you are saying as being English. I would also note that Congress cannot obligate future Congresses. The budget is for one fiscal year.
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