SENATE OFFERS HOME BUYERS $15,000 TAX BREAK TO STIMULATE HOME SALES IN SARASOTA AND VENICE FLORIDA
Posted by Bryan Guentner on Thursday, February 5th, 2009 at 9:50am.The Senate on Wednesday voted to expand the economic stimulus package with a tax credit for homebuyers of up to $15,000, a provision championed by Republicans as addressing a root cause of the recession.
The vote to add the tax credit, at a cost of about $18.5 billion, came as Senate leaders seemed to be nearing completion of negotiations. The majority leader, Senator Harry Reid of Nevada, suggested that a final vote on the stimulus plan could come on Thursday.
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