Senate OKs Tax-Credit Extension

nate has unanimously approved the three-month home-buyer tax credit extension previously okayed by the House of Representatives, the New York Times reports. President Obama is also expected to approve the measure, which gives buyers who have already signed contracts until Sept. 30 to close their transactions. The legislation was approved after provisions that would extend unemployment benefits was decoupled from the home-buyer tax credit extension. SOURCE: [link=http://www.nytimes.com/2010/07/01/us/01brfs-HOMEBUYERSTA_BRF.html?_r=1]The New York Times

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