Homebuilders Win Big in Senate Bill

Senate Democrats and Republicans have agreed on a plan to resurrect a dismal housing market. But, before a vote can even be taken, many are questioning if it will work and if the plan unfairly helps some of the big companies whom they blame for the housing mess. One of the biggest provisions — costing taxpayers an estimated $6 billion — would allow builders and others in the housing business to count their losses this year and in 2009 against the big profits they made as far back as 2004. "I...Full Story
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