It indirectly does do something about the mortgage interest deduction by increasing the standard deduction to $24,000 for married couples. Renters who don't ite

It indirectly does do something about the mortgage interest deduction by increasing the standard deduction to $24,000 for married couples. Renters who don't itemize will benefit, and will be on an even playing field with many homeowners who won't be able to beat the $24,000 standard deduction by itemizing, even with mortgage interest. It would be better to get rid of the mortgage interest deduction entirely, but it is politically impossible at this point.