04/23/2012
https://www.congress.gov...
"I personally think you would lose all the value of the tax credit if it became a permanent accepted credit in the general marketplace."
"The proposal you have before the Congress presently is a renewal of the $8,000 tax credit."
"We raise that limitation to $300,000 for a couple filing jointly to accommodate the incentive for the move-up market."
"There is a direct absolute correlation between home values and consumer confidence."