The senate "unanimously approved a Republican amendment that would temporarily offer homebuyers a tax credit worth $15,000 or 10 percent of a home’s purchase price, whichever is less. The plan would cost $18 billion."
I am 100% in support of this. I think this is a very good idea and will help new home buyers tremendously.
A GOP amendment that I don't like is the one also approved yesterday that relaxes "Buy American" provisions in the stimulus bill. I don't know how the GOP can't be for "Buy American" laws. This should be highly noted by the Dems and in every talking point. Not only is the GOP, apparently, against the stimulus bill, but one of the provisions they want taken out before they even consider voting for it is a provision that requires iron and steel be purchased in America.
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