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Currently Playing: Congress has approved a bipartisan bill to lower housing costs. Trump is expected to sign it

A new bill aimed at increasing housing affordability now has the support of Democrats and Republicans and could go to President Trump's desk as soon as this week. Its supporters have hailed it as the most significant bipartisan housing reform effort in decades. The 21st century Road to Housing Act is aimed at lowering costs, creating new housing supply, and critically cutting red tape. The bill is a joint effort between Republican Sen. Tim Scott, a close ally of President Donald Trump, and Sen. Elizabeth Warren, a progressive and one-time Democratic presidential candidate. Senate passage was not unanimous, but 85 senators voted for it. Just 5 Republicans voted against it, saying they have concerns it would not be effective. The House passed the bill Tuesday evening with broad bipartisan support. The White House has said previously that President Trump is expected to sign it. ------------------------------------- Follow Scripps News on other platforms— Join our newsletter at https://bit.ly/2q1tepr Follow us on Facebook: https://www.facebook.com/scrippsnews/ Follow us on X: https://x.com/scrippsnews Follow us on Instagram: https://www.instagram.com/scrippsnews/ Follow us on TikTok: https://www.tiktok.com/@scrippsnews


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