Obama Will Sign Bill Extending Unemployment Benefits and Homebuyer Credit
Thursday November 5, 2009 3:07 p.m.
Photo Credit: Official White House Photostream on Flickr
WASHINGTON (AP) — The White House says President Barack Obama on Friday morning will sign a bill that expands a popular homebuyers tax credit and extends unemployment benefits.
Congress on Thursday completed work on the $24 billion economic package that seeks to help out the millions who have lost jobs and have been unable to rejoin the workforce. The White House announced Obama's intention to sign the bill shortly after Congress finished the legislation.
Under the measure, an $8,000 tax credit for first-time homebuyers would be extended for seven months and expanded with a $6,500 credit for some prospective homebuyers who already own homes.
There are 4 comments
#1
The bill wasn't passed by the second house of Congress until late in the day yesterday. The President was already scheduled for other events, and will be signing the bill into law first thing this morning.
dci ...but you might be one of the millions of un-employed. In that case, sorry if that was 'friendly fire'.
dci....
Are you a real estate investor? Just curious.
Hi, Why cant the President sign tonight so we can start getting benefits next week?
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