Latest Homebuyer Tax Credit: Pay More, Get Less

Congress is getting ready to pass a new, expanded $10.8 billion tax credit for homebuyers. President Obama's could have it on his desk by next week. But a new report from Goldman Sachs suggests that the six-month extension might do little for the fragile housing market and could be even less effective than the soon-to-expire credit for first-time buyers that cost taxpayers about $8.5 billion and...