$7500 Tax Credit May Not Have To Be Repaid

In the article below it mentions with Obama’s stimulus package may include that the $7,500 first time homebuyer tax credit might not have to be repaid.  House Democrats Thursday rolled out the details of an $825 billion economic stimulus package to combat what they called “a crisis not seen since the Great Depression,” but its immediate economic impact is unclear and the plan faces hurdles before becoming law.”

 

http://online.wsj.com/article/SB123202946622485595.html?mod=todays_us_page_one