Homebuyer Tax Credit Extension Hits a Hurdle 0
Since the Homebuyer Tax Credit Extension is attached to bill HR 4213 which is the unemployment bill, there are several hurdles along the way. Currently one of the hurdles is coming from Sen. Tom Coburn (R, OK) and he is using a procedure known as a “Clay Pigeon” which would split the amendments of the bill into 20 separate pieces and would cause voting to take place 20 different times. This slows down the process for approval and could open the door for losing supporting votes. Here is a good website to see updated status of this bill. Hope this helps 
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