According to CNBC, http://www.cnbc.com/id/31448492 , a new home buying tax credit proposal has hit Capitol Hill. As most of you probably know, many First Time buyers have had a $7500 and subsequently a $8000 tax credit when buying a new home. Now, a new credit is proposed for all buyers, and it is proposed to be $15000.00. The bill is S.1230, the \"Home Buyer Tax Credit Act of 2009.\" More information to come.