House, Senate quickly reach $790B stimulus deal

From USA Today

The real estate part is below.

http://www.usatoday.com/news/washington/2009-02-11-stimulus-conference_N.htm?csp=34

clipped from www.usatoday.com Home buyer tax credit A new $8,000 tax credit for buyers of new or existing homes This is down from $15,000 added in the Senate. The White House and congressional leaders agreed Wednesday on a two-year, $790 billion economic stimulus plan. Here's how some of the differences between the House and Senate bills were resolved: In addition to reducing Obama's tax cut, proposals added by the Senate to provide tax credits to home buyers and tax deductions for people purchasing cars were greatly reduced. House, Senate quickly reach $790B stimulus deal