It looks like they are stripping all the good stuff out of it in order to get the price tag down.
Working to accommodate the new, lower overall limit of the bill, negotiators effectively wiped out a Senate-passed provision for a new $15,000 tax credit to defray the cost of buying a home, these officials said. The agreement would allow taxpayers to deduct the sales tax paid on new car purchases, but not the interest on loans for the same vehicles.
The did keep in $6 billion for school repair and modernization which should be good for construction stocks. Hopefully the money is used for buildings and coats of paint and not wasted on stupid crap.
Sen. Tom Harkin, D-Iowa, told reporters that $6 billion would be set aside, and officials said it could be spent only on repair and modernization work, a limitation designed to appease the moderates.
But officials said House Democrats were holding out for as much as $9 billion.
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