Senator Johnny Isakson is proposing a $15,000 tax credit to lure home buyers back into a slumping market. Isakson's bill would spread the $15,000 credit over three years for the home buyer. The Georgia Republican says the incentive would help distressed homeowners and banks that are trying to make the best of bad loans. Isakson said it also would boost the real estate and construction industries, including homebuilders who can't sell newly built houses.
