Max Baucus: “I would say to my colleagues from Maryland and Nevada that I, too, think that in the current economy, a temporary tax…”

“I would say to my colleagues from Maryland and Nevada that I, too, think that in the current economy, a temporary tax credit is a meritorious idea. I commend the Senators for working so hard on their amendment and I can understand their disappointment. It appears that, yesterday, the Ways and Means Committee adopted a credit more along the lines the Senators have proposed. I look forward to working with the House in a conference to craft a homebuyer tax credit that will help the housing market recover. There are many things we can and should do to help homeowners and a targeted, temporary homebuyer credit is one of them.”