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Homebuyer Tax Credit May Live on

“Democratic Congressional leaders are working with the White House to extend an expiring $8,000 tax credit for first-time home buyers, and aides said Wednesday that they were considering making it available to current homeowners who purchase a new residence.” (New York Times, Thursday)

They just can’t keep hands off.

FEE Timely Classic
“Can the Feds Save the Housing Market?” by Robert P. Murphy

Sheldon Richman is the editor of The Freeman and "In brief." He is a contributor to The Concise Encyclopedia of Economics.