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Senate Passes Housing Aid Bill

Wins approval by wide margin, but House, Bush opposition leave fate uncertain

By Nick McMaster,  Newser Staff

Posted Apr 10, 2008 3:02 PM CDT

(Newser) – The Senate approved a $15 billion measure to address the housing slump today, including $6 billion in total tax breaks to homebuilding firms and a $7,000 tax credit for buyers of foreclosed homes. Though it passed by an 84-12 margin, opposition from President Bush...   Read full story »

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