The Gang of Six's plan is still mostly secret, but it's rumored to include some sort of curb on the mortgage interest deduction.
Here's from the AP:
For example, current law allows homeowners to deduct the interest they pay on home mortgages of up to $1 million.
One proposal would lower the limit to $500,000 and exclude mortgage interest on second homes.
Senator Hutchison, are you aware of this proposal?