Johnny Isakson News Archives

The U.S. Senate wona t vote until next week at the earliest on proposals to extend both an $8,000 tax credit for first-time homebuyers and unemployment benefits for the nationa s jobless.

Senate leaders released more details about their compromise on the home buyer tax credit today.

An extension of the $8,000 first-time home buyer tax credit appears all but certain after the Obama administration called on Congress to give house hunters more time to claim the popular tax perk.

Ricardo came to the United States when he was 12 and is studying business administration.

Senators agreed Wednesday to extend a popular tax credit for first-time homebuyers and to offer a reduced credit to some repeat buyers.

An exhibit of Georgia artist Steve Penley's work opens Thursday at the Centre for Performing and Visual Arts in Newnan, with a public reception for the artist between 6-8 p.m. Penley, of Carrollton, Ga., is known nationally for his pop-culture, oil-on-canvas treatment of iconic American figures, from American presidents to scientists to artists.

Like an ocean liner making a languid u-turn, metro Atlanta home prices continued their slow course correction in August, according to the widely watched Standard & Poor's Case-Shiller index.

With its expiration just over a month away, a push is on to extend the first-time home buyers' tax credit, which boosted the beleaguered housing market in the midst of a recession.

The bill calls for a 20% cut in greenhouse gases by 2020, a rule that senators from Georgia and Tennessee say could increase the cost of energy.

Sen. Johnny Isakson, R. Ga., leads the campaign in the Senate tp extend the $8,000 tax credir for homebuyers.

First-time U.S. homebuyers could get more time to take advantage of a popular tax credit that is set to expire at the end of next month, if Senate Majority Leader Harry Reid gets his way.

The Senate passed a defense authorizations bill late Thursday night with a 68-29 vote.

Leaders within the Chattanooga Association of Realtors have, once again, cautioned against drawing inaccurate conclusions regarding the comparison of any given month's statistical results with historical results from any period in the past.

The rush to implement a tax credit for first-time homebuyers opened the program up to potential fraud by people who hadn't bought a home or already owned one, Congress was told Thursday.

With homebuyers rushing to complete their purchases before a tax credit for first-time owners expires, a report Friday is expected to show strong September sales.

Tens of thousands of people may have taken advantage of the first-time home buyer tax credit to defraud the government, an IRS watchdog office said Thursday, in testimony that could jeopardize efforts to extend the popular program.

On a party-line vote, an Ohio House committee has approved a delay in the last-round of a five-year income tax reduction.

Evidence of potentially widespread abuse won't deter lawmakers who want to extend a popular tax credit for first-time homebuyers.

Donovan stressed that the administration wona t know the true cost to taxpayers until Americans have filed their tax returns in April.

Applications for home building permits, a gauge of future construction, fell in September by the largest amount in five months _ a discouraging sign for the housing industry.

On a day when Keefe, Bruyette & Woods pronounced the inevitable death of Fannie and Freddie , the Administration announced a new initiative that insures that Fannie and Freddie will be around for a long time to come.

Senate Democrats are crying foul over an amendment to the 2010 Defense Appropriations Bill, offered this month by Sen.

So, what's really in a name? The Senate is on the verge of dropping another $20 billion on jobless benefits for the unemployed and an extended, expanded tax credit for homebuyers.

Part 1 of 2 . The $8,000 Tax Credit has helped a few of my clients this year, but I'd argue that most of them would have been buying anyway - regardless of whether the government was offering free money.

The IRS had a successful filing season this year, according to a new report, despite the challenges of dealing with economic stimulus provisions passed in the midst of tax season, such as an expanded First-Time Homebuyer Credit.

When it comes to the health care battle, President Barack Obama and congressional Democrats are learning that with friends like labor unions, they barely need Republicans to muck things up.The AFL-CIO, the American Federation of State, County and Municipal Employees and other labor groups are insisting that legislation include government-run health ...

Hoping to keep the precarious economic recovery on track, the Senate is considering a plan to extend and expand a stimulus-package provision giving first-time homebuyers an $8,000 federal tax credit.

The Valdosta-Lowndes County Chamber of Commerce hosted a Georgia Chamber listening session at Colquitt Electric Membership Corporation, 273 Norman Drive, Wednesday.

Has the $787 billion economic stimulus a been successful in creating jobs? YES By Christina Romer, a chairwoman of the Obama administration's Council of Economic Advisers I can't resist pointing out a fallacy in a common critique.

Oct. 13--The Georgia Travel Industry is hoping to get U.S. Sen. Saxby Chambliss, R-Ga., on board with a proposed national policy it feels would help draw tourists to the United States, including places like the Golden Isles.

Never mind the lousy economy and recently revamped rules designed to make it tougher for lobbyists to entertain Washington lawmakers.

Sen. Christopher Dodd, D-CT, looks on as U.S. President Barack Obama pushes for health care reform during a statement in the Rose Garden of the White House in Washington on July 15, 2009.

The program is set to expire next month, but realtors and a Georgia politician are pushing to extend it.

A civic group was scheduled Thursday to honor outgoing Atlanta Mayor Shirley Franklin for her work in attacking the city's water and sewer problems, ethics reform and her outreach efforts with the private sector and other governments in the Atlanta region.

Johnny Isakson's push to expand and extend the popular $8,000 tax credit for first-time homebuyers is about helping sell what real estate agents and developers call "PVC farms" - acres of unfinished, unsold and unsightly subdivision lots where PVC sewer pipes poke up through weedy plots.

Senate Banking Chairman Chris Dodd wants to attach a six-month extension of the $8,000 first-time homebuyer's tax credit to pending legislation extending jobless benefits.

Real estate agent Shellie Young shows a Miami home to prospective buyer Gloria Arboleda earlier this month.

California Governor Arnold Schwarzenegger has issued a statement saying he supports President Barack Obama's goals of overhauling the country's health care system to hold down costs and improve quality.

Senators John Cornyn and Charles Schumer appeared on ABC's 'This Week' with George Stephanopoulos and commented on the housing market in regards to extending the homebuyer tax credit.: Sen.

If the Senate approves a defense spending bill this week, the Middle Georgia military community could receive some gifts courtesy of Georgia's senior senator.

Over the past two years, deep-pocketed donors to U.S. Sen. Saxby Chambliss have helped the Georgia Republican enjoy a quarter of a million dollars worth of golf outings at some of the nation's ritziest resorts.

The Democratic-run Congress is ignoring the public's concerns in the rush to pass legislation to overhaul the nation's health care system, Republicans say.

The Democratic-run Congress is ignoring the public's concerns in the rush to pass legislation to overhaul the nation's health care system, Republicans say.

Tired of putting money into an apartment she doesn't own, Jamie Pruitt is on the hunt for a starter home in the Salisbury area.

A discussion at the SEC on Wednesday makes the naked shorting problem seem overblown.