Fannie Mae (FNMA)

[contrarian bull]

If the tax cuts go through it will be a lot harder to convince business to take on public works projects like the Infrastructure plan. They only have to pay 20% in taxes so why put money at risk when the payback is uncertain. With higher tax rates the incentive to invest is higher so you can get the deductions.

So I would expect that any infrastructure program will have to be paid by the US gov't. Luckily we're only talking another half trillion added to the deficit... hardly noticeable.

And deficit spending is GOOOOOOD for f&f since the inflation it causes will make homes go up in price and decrease the risk of mortgages going into default.

WIN for f&f!!!!!!

MAGA! (Make America Greedy Again!)

I agree with you on the effect it will have. I don't think the way it will be paid for will be anywhere near bipartisan. You can have the government pay up front or private money will pay upfront. The new tax cuts tells me it will be the latter. Until I see it for myself I believe this will huge giveaway of our roads airports bridges ports etc.