Posted by
Emma Watton on Tuesday, November 03, 2009 2:51:52 PM
WASHINGTON -- A Senate bill to extend jobless benefits and expand a popular homebuyer tax credit cleared a key procedural step on Monday afternoon, paving the way for a final vote later in the week. By a vote of 85 to 2, senators agreed to cut off debate on a bill that would grant an extra 14 weeks of benefits to those who have exhausted them. The bill would also extend an $8,000 tax credit for first-time home buyers through April 30 of next year and expand the credit to repeat buyers.
Jobless Benefits, Home Credit Clear Senate Hurdle