Nov 6, 2009, President Obama signed into law the Worker, Home Ownership and Business Act of 2009.

"The new law provides a one-time extension of the credit for homes purchased or under contract by April 30, 2010. A credit of up to $8,000 will apply to qualifying first-time buyers, and a smaller credit of up $6,500 will now apply to families that have lived in their homes for at least five years and wish to step up to a new home.

The statute also increases the income eligibility limits for the tax credit from $75,000 to $125,000 for individuals, and from $150,000 to $225,000 for joint filers. The cost of the home cannot exceed $800,000."

Damn, I slipped through the cracks once again, having just bought my new home in Sept. 2008 before all of the "free money from the govt." laws went into effect.

 in 2010, we should see more and more socialistic programs, as Obama takes money from everyone and distributes it to those who take advantage of programs.

I didn't participate in Cash for Clunkers, but, boy, was I happy to donate a few bucks to the cause

lollol

Well, I suppose that if I was a construction worker, plumber, electrician, drywall installer, painter, landscaper, or roofer, I would be happy that the government was helping to move the housing business along with its socialistic incentive programs so that I could get called back to work and start paying federal taxes again.