Why Congress Will Never Cut Spending

'We'll fight it tooth and nail!'  Under no circumstances!'
A textbook example of why Washington will never cut spending.
One minute highlight clip.  K Street lobbyists own Capitol Hill.
On Squawk Box this morning, David Crowe CEO of the National Association of Home Builders insists that the mortgage interest deduction not be eliminated.
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Full interview:
 

Housing rebound not so strong.
Housing Market May Not Be as Healthy as It Appears
David Crowe, National Association of Home Builders, sifts through the data and explains why the housing market may not be as healthy as it appears, and why he believes there will be no real momentum in the sector for the remainder of the year.