The home-buyer tax credit: Throwing good money after bad

Congress and the administration seem likely to extend the first-time-home-buyer tax credit. Senate Majority Leader Harry M. Reid wants to extend it through December 2010 but phase out the amount over time; Republican Senator Johnny Isakson, a former real estate agent, wants to extend it through J...

http://feeds.washingtonpost.com/click.phdo?i=8615d5e75d2c6d982f4a8ea73dedc42f

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