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Tom Barrett: “I also sponsored a bill... allowing retirement age Americans…”

Featuring: Tom Barrett, Republican | U.S. House, Michigan, District 7

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Published | Video Starts at 08:12

That is becoming further and further out of reach for most young people or anyone frankly looking to buy their first home and kind of build that wealth and afford the American dream. I also sponsored a bill... allowing retirement age Americans to waive the capital gains benefit of selling a home if they sell to a first time home buyer. So it would put more first time homes on the, it would put more homes on the market for first time buyers to be able to afford. And it's a win win. (08:12–08:25)

CLAIM

Asserts sponsorship of a bill to waive capital gains for seniors selling homes to first-time buyers.

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