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Bailout

: Calculated Risk

Senate Bill would extend Housing Tax Credit Closing Deadline

By Anonymous

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From Dina ElBoghdady at the WaPo: Bill would extend home buyers' deadline for tax credit
Home buyers hoping to take advantage of a lucrative federal tax credit would get three extra months to complete their purchases under a proposal introduced in the Senate on Thursday.
I've wasted enough posts explaining why this was a poor use of taxpayers' money .. but a three month extension to close? Geesh ... that is ridiculous.

Full post as published by Calculated Risk on June 11, 2010 (boomark / email).

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