SouthernWorldwide.com – President Donald Trump has announced his refusal to sign a bipartisan housing bill, citing his protest against the Senate’s failure to pass the SAVE Act.
The 21st Century ROAD to Housing Act, designed to reduce housing expenses and stimulate new home construction, is set to become law on Saturday unless vetoed by the President.
“I will not sign the Housing Bill, which has been fully approved by Congress and sent to the White House, in PROTEST over the fact that the United States Senate is not capable of passing THE SAVE AMERICA ACT,” Trump stated on social media.
The SAVE America Act aims to implement new measures to prevent non-citizens from participating in federal elections. However, it currently lacks sufficient Republican support for passage.
Trump has consistently urged Republicans to prioritize this legislation in the lead-up to the midterm elections in November.
“THE SAVE AMERICA ACT’S non-passage is CRAZY, and a serious threat to any politician who votes against it!” Trump declared, emphasizing that its failure to pass poses a significant risk to any politician who opposes it.
Under the U.S. Constitution, a president has a 10-day period to sign a bill after receiving it; if not signed or vetoed within this timeframe, it automatically becomes law.
Trump’s announcement follows his cancellation of plans to sign the bipartisan legislation a week prior, where he indicated he was using it as leverage in his campaign for a strict voter ID bill.
Last month, he characterized the housing bill as “a yawn” and “so unimportant” when contrasted with legislation that would mandate proof of citizenship for all voters.
Senate Minority Leader Chuck Schumer, D-N.Y., commented on X Friday, stating, “Millions of Americans are being crushed by housing costs. Donald Trump called their crisis ‘a big yawn’ — then refused to sign the most significant bipartisan housing bill in decades. His priorities couldn’t be clearer: higher costs for families and more power for himself.”
House Minority Leader Hakeem Jeffries, D-N.Y., responded to Trump’s post on X, writing, “Republicans would rather make it harder to vote than easier to afford a home. When people show you who they are, believe them.”
Rep. Jason Crow, D-Colo., also took to X, noting, “the rising cost of mortgages and rent are hitting Americans hard. Yet Trump refuses to act.”
These remarks from Trump came a day after the National Association of Realtors reported that the median price for a home has reached an unprecedented high.
According to the report, the median price for a home sold in June was $440,600, representing a 1.8% increase compared to the previous year.
“Even so, affordability is better than a year ago because wage growth is outpacing home price growth,” stated NAR Chief Economist Lawrence Yun.
Yun further added, “However, progress on long-term housing affordability could be hampered if inventory growth continues to stall. Without consistent gains in inventory, home prices can accelerate. It is critical to introduce more supply to the market to widen the opportunity for homeownership.”
