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By the Numbers: Home-buying tax credit squeezed out of stimulus bill
Feb 13, 2009 9:43 AM

Economic stimulus bill 15000 homebuyer tax credit

Amount of the tax credit for home purchases that was expected to be part of the economic stimulus bill. The credit, seen as a way to invigorate the moribund U.S. housing market, was dropped from the $789 billion bill that the Senate passed. The current version of the bill has an $8,000 credit (up from $7,500) for first-time homebuyers.

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