To jumpstart the economy, build up the housing market by expanding the $8,000 tax credit to all homebuyers.
That's the conclusion of a report by the Democratic Leadership Council, a centrist research and advocacy organization.
Expanding the $8,000 tax credit currently available to first-time homebuyers to all homebuyers through the end of the year will create incentives to buy homes which in turn will cause the housing market to rebound and create new jobs, conclude the report's Paul Weinstein Jr. and Matt Dunkelman, both senior fellows at the DLC.
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