Thursday, October 15, 2009

Bipartisan Home Ownership Assistance Proposal

Republican Senator Johnny Isakson of Georgia and Democratic Senator Chris Dodd of Connecticut are introducing a $16.7 billion proposal to extend the $8,000 first time home buyer tax credit through June 30, 2010, and making it available to single filers earning up to $150,000.00 and joint filers making up to $300,000.00. The Senators expect to offer their proposal as amendment to legislation scheduled for floor action this week.
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