Update: Reid:deal reached on expanding homebuyer tax credit–UE vote within 24 hours; Unemployment Extension Update: Reid now trying to put homebuyer tax credit back in UE bill?? Senate to proceed to UE bill @930am EST; Bill passes cloture 87-13

Update 5: 11/2 newer new thread following UE vote here

Update 4: New thread following UE vote here

Update 3: 430pm EST: Breaking on CNBC- Diana Olick says Harry Reid’s office confirms a deal has been reached on the homebuyers tax credit, It WILL BE EXPANDED AND EXTENDED to include more than 1st time buyers, and IT WILL BE ATTACHED TO THE UE EXTENSION BILL

Reid says he expects a vote on said UE bill WITHIN 24 HOURS.

More as it becomes available…

(Diana Olick’s RealtyCheckBlog, earlier compromise report with details, details moved to Housing Update post.)

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October 23, 2009. Tags: Economy, emergency unemployment extension, Foreigner, H.R. 3548, homebuyer tax credit, Housing, HR 3548, new expanded homebuyer tax credit, Senate unemployment extension, Sly Fox, Stimulus Unemployment Extension, The Monroes, Unemployment extension. Economy, Finance, Labor Department, Obama Administration, Politics, Unemployment Statistics. 11 comments.