The mortgage interest deduction was one of the few things enabling upward mobility for middle class citizens. Too many policies are governed based on one perspective. There was a cap on the profitability that could be garnered on applying it, but that was driven even lower in the past 4 years to make it almost worthless now.

The ability to save money and to be able to work your way out of economic instability is not a favor that government grants people. Upward economic mobility is one of the few things that held the social contract of taxation in place. Without upward financial mobility rules, taxation is simply a forced and pretty pohony "mob protection" fee.