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Trump won't sign housing bill, which will become law if he doesn't veto

From CBS News · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources Ongoing story
  • President Trump stated he will not sign a bipartisan housing bill passed by Congress, protesting the Senate's failure to pass his preferred voting bill.
  • The housing legislation will automatically become law if Trump does not veto it within 10 days, despite his refusal to sign it.
  • The president's stance baffled some Republicans, as the housing bill was seen as a potential win ahead of the midterm elections, with housing affordability being a key voter issue.

President Trump declared Friday he will not sign a significant bipartisan housing bill approved by Congress, citing his protest against the Senate's inaction on his favored voting legislation, the Save America Act. The president did not explicitly state whether he intended to veto the housing bill, which is set to become law automatically if he allows the 10-day period to expire without a veto.

Trump expressed frustration on Truth Social, calling the Senate "DUMB" for not passing his Save America Act, which he claims polls at 97% among Republicans. He had previously canceled a planned signing ceremony for the housing bill in late June. This move has surprised some Republicans in Congress, who viewed the housing legislation as a crucial opportunity to address voter concerns about affordability ahead of the midterm elections.

The housing bill, known as the 21st Century ROAD to Housing Act, is considered the most comprehensive legislation of its kind in decades. Its objectives include increasing housing supply and reducing costs, partly by limiting the purchase of single-family homes by institutional investors. The median price of existing homes in June reached $440,660, an increase of 1.8% from the previous year, placing homeownership out of reach for many Americans.

Despite the president's refusal to sign, the bill will automatically become law by Saturday morning if no veto occurs. This situation leaves some Republicans bewildered, as they had anticipated the president's support for legislation aimed at a key electoral issue. The White House, when asked for clarification, referred to the president's Truth Social post.

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, which is polling at 97% with the Republican Party, and very high with the non-politician Dumocrats.

โ€” Donald TrumpPresident Trump's statement on Truth Social explaining his refusal to sign the housing bill.
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Originally published by CBS News in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.