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Congress is mulling plans to extend the $8,000 first-time home buyers' tax credit to April 30 (which covers home purchases closed by June 30) and to allow individuals with incomes of up to $125,000 (or $250,000 for couples) to apply for the credit, up from the previous threshold of $75,000. Also, a proposal is on the table to offer a new credit - $6,500 - to move-up buyers who have lived in their home for at least five years. The Senate is near a vote on its version, which includes an extension and expansion...

Author: /time Magazine | Title: Should the Home Buyers' Tax Credit Be Extended? | 11/4/2009 | See Source »

Many analysts are hoping Congress extends the program to April - but not beyond that. "Any kind of stimulus must be for a brief period of time or it doesn't work," says Saft. "If they're given a long period of time, there wouldn't be much movement early on because people would sit on the sidelines and watch the market...

Author: /time Magazine | Title: Should the Home Buyers' Tax Credit Be Extended? | 11/4/2009 | See Source »

...study, published in the CDC journal “Emerging Infectious Diseases,” estimated that the total number of swine flu cases in the United States between April and July 2009 ran up to 140 times higher than the number of cases confirmed by laboratory tests...

Author: By Shalini Pammal, CONTRIBUTING WRITER | Title: Most H1N1 Cases Go Unreported | 11/4/2009 | See Source »

...need” left by the abrupt termination of the old party grants, according to UC President Andrea R. Flores ’10. “People really feel the absence of the party fund,” she said.The Social Grants Act was approved in April and included many of the same restrictions carried over to the current proposal in order to appease many of the administration’s concerns, former UC Finance Committee Chair Sundeep S. Iyer ’10 said...

Author: By Melody Y. Hu and Naveen N. Srivatsa, CRIMSON STAFF WRITERS | Title: UC Social Grants Stalled | 11/4/2009 | See Source »

...latest study, published this week in the Journal of the American Medical Association, offers a snapshot of 1,088 H1N1 cases in California that were severe enough to require hospitalization - or resulted in death - between April 23 and Aug. 11 of this year. Experts at the California Department of Public Health, who led the study, say their findings are largely in line with the growing body of data on the worldwide pandemic flu, confirming, for instance, that the 2009 H1N1 flu disproportionately affects younger patients. The California research team found that the median age of hospitalized H1N1 patients...

Author: /time Magazine | Title: H1N1: Hitting the Young, Riskier for the Old | 11/3/2009 | See Source »

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