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Extension of Jobless Benefits Tangled Up With Homebuyer Tax Credit

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tonysam Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-20-09 12:57 PM
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Extension of Jobless Benefits Tangled Up With Homebuyer Tax Credit
I fucking HATE the U.S. Senate:


Legislation to extend unemployment benefits has become entangled with a bipartisan effort to extend a popular tax break for first-time homebuyers.

Johnny Isakson , R-Ga., wants to offer an amendment to the jobless benefits bill that would extend the $8,000 tax credit set to expire on Nov. 30 and expand it to all primary home purchases, first-time or otherwise.

But the administration is wary of an extension of the homebuyer’s credit, let alone an expansion. And some Senate Democrats say the Isakson effort should not be allowed to hold up action on the unemployment benefits bill.

link

Republicans are always "concerned" with the minority of taxpayers, usually the well-off, who itemize their taxes. To hell with the masses going without food or risking homelessness.
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