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stimulus bill

   

New Stimulus Plan: The Fiscal Menace or The Economy Strikes Back?

by Flexo on January 7, 2010. Economy 10 comments.

(Or perhaps Episode IV: Obama’s New Hope.) In a few weeks the Senate will be debating another stimulus plan. This one is billed as a jobs creation package with a $154 billion price tag. It’s an extension of the American Recovery and Reinvestment Act of 2009, and its purpose is to increase public funding for some ... Continue reading this article…

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Congress Plans to Extend the First-Time Home Buyers’ Tax Credit

by Flexo on September 18, 2009. Real Estate and Home 19 comments.

The $8,000 tax credit for first-time home buyers is set to expire at the end of November, but lawmakers don’t want this benefit to end. While there have been some positive signs in the real estate market, the current credit hasn’t done much to stimulate house prices or the economy overall. All year, some senators ... Continue reading this article…

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Extending the $8,000 First-Time Home Buyer Credit to $15,000

by Flexo on June 18, 2009. Real Estate and Home 9 comments.

Update: The first-time home buyer tax credit has been extended and expanded. Click here for the latest details. The information below is now out-dated. The Senate is considering a number of changes to the $8,000 first-time home buyers credit. Spurred on by Sen. Johnny Isakson from Georgia, the adjustments being considered seek to expand the credit ... Continue reading this article…

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Read the Complete Stimulus Bill (American Recovery and Reinvestment Act of 2009) – Updated

by Flexo on February 13, 2009. Economy 14 comments.

A little earlier today, the House of Representatives passed the compromised form of the stimulus bill (American Recovery and Reinvestment Act of 2009), and the Senate is expected to pass the stimulus tonight. It won’t be long before the bill is signed into law by President Obama and the appropriated funds are doled out to ... Continue reading this article…

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Stimulus Bill Passes Senate, Still a Long Way to Go

by Flexo on February 10, 2009. Economy 3 comments.

The Senate voted on and passed their version of the 2009 stimulus bill today, but that doesn’t mean homebuyers who stand to receive a tax credit of up to $15,000 should start celebrating yet. The Senate’s version of the bill is somewhat different from the House’s version. For example, the $15,000 credit for all homebuyers ... Continue reading this article…

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