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Nine different foreclosure prevention / mortgage modification / debtor's prison bills have been introduced so far and we're only about three weeks in.
Senator Cardin and Representative Wilson are partying like it's 2002:
S. 312 : A bill to amend the Internal Revenue Code of 1986 to allow a refundable credit against income tax for the purchase of a principal residence by a first-time homebuyer.
H.R. 214: A bill to amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases.
High comedy:
H.R. 385: To amend the Internal Revenue Code of 1986 to provide tax incentives to consumers and lenders for the purchase of a passenger vehicle during 2009.
H.R. 550: To amend the Internal Revenue Code of 1986 to allow individuals and businesses a temporary credit against income tax for the purchase of certain vehicles.
Chambliss and Linder have introduced these companions in at least three straight Congresses:
S.296 : A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States.
Sponsor: Sen Chambliss, Saxby [GA] (introduced 1/22/2009) Cosponsors (3)
H.R.25 : A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States.
Sponsor: Rep Linder, John [GA-7] (introduced 1/6/2009) Cosponsors (40)
Senator Cardin and Representative Wilson are partying like it's 2002:
S. 312 : A bill to amend the Internal Revenue Code of 1986 to allow a refundable credit against income tax for the purchase of a principal residence by a first-time homebuyer.
H.R. 214: A bill to amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases.
High comedy:
H.R. 385: To amend the Internal Revenue Code of 1986 to provide tax incentives to consumers and lenders for the purchase of a passenger vehicle during 2009.
H.R. 550: To amend the Internal Revenue Code of 1986 to allow individuals and businesses a temporary credit against income tax for the purchase of certain vehicles.
Chambliss and Linder have introduced these companions in at least three straight Congresses:
S.296 : A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States.
Sponsor: Sen Chambliss, Saxby [GA] (introduced 1/22/2009) Cosponsors (3)
H.R.25 : A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States.
Sponsor: Rep Linder, John [GA-7] (introduced 1/6/2009) Cosponsors (40)