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Homebuyer tax credit extension likely
Bloomberg reported yesterday:
Senate leaders are negotiating to extend and gradually reduce an $8,000 tax credit for first-time homebuyers through 2010, Senator Bill Nelson said.
Senate Majority Leader Harry Reid of Nevada and Senate Finance Committee Chairman Max Baucus of Montana, both Democrats, may seek to add the extension to legislation extending unemployment benefits that may be debated as early as this week, according to Regan Lachapelle, an aide to Reid.
"We should be able to extend that later this week," Nelson told reporters traveling with President Barack Obama on Air Force One to a speech in Jacksonville, Florida.
Harriet Johnson Brackey, the personal finance writer for the Sun-Sentinel, has been an award-winning business...
Comments
Great!
I'm glad the White house is behind a tax credit that is very good for the country,
The economy and home buyers!!
Carlos and Family
Posted by: carlos | October 27, 2009 10:50 PM