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Obama signs homebuyer, jobless bill assistance PDF Print E-mail
Obama signs homebuyer, jobless bill assistance
By JIM ABRAMS
Associated Press Writer
WASHINGTON (AP) -- President Barack Obama signed a $24 billion economic stimulus bill into law Friday, giving tax incentives to prospective homebuyers and additional jobless benefits to those idled by the business slump.
The bill-signing came a day after the House, displaying rare bipartisan agreement over the troubling employment picture nationally, voted 403-12 to pass the measure. The Senate had approved it unanimously on Wednesday.
The White House said the law, which also includes tax cuts for struggling businesses, builds on provisions in the $787 billion stimulus package enacted last February to avert an economic meltdown.
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California governor declares state of emergency in San Bernardino County PDF Print E-mail

California wildfire forces evacuations; destroys homes


LOS ANGELES, California (CNN) -- California Gov. Arnold Schwarzenegger declared a state of emergency Sunday in San Bernardino County as a fast-moving wildfire burned through a national forest, threatening homes and forcing hundreds of evacuations.

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More signs of a housing revival PDF Print E-mail

Government report shows better-than-expected increase in starts last month.

NEW YORK (CNNMoney.com) -- New home building increased in August, a government report said Thursday, further signaling that home builders are regaining their confidence in the housing market recovery.

The Census Bureau reported Thursday that builders broke ground for 598,000 new homes during August, up 1.5% from a revised 589,000 in July. That was considerably higher than industry experts were predicting: The consensus analyst forecast compiled by Briefing.com was for 583,000 new starts.

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