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ECONOMY: Homebuyer, jobless benefits extended

THE OLYMPIAN | • Published November 07, 2009

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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 voted 403-12 to pass the measure. The Senate had approved it unanimously 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.

The Associated Press