Cash For Caulkers Blog » Archive
House of Representatives Passes “Cash for Caulkers” Homestar Bill
Today the House of Representatives passed the $6 billion Cash for Caulkers bill. According to CBS News, the cost of the proposed program is at $5.7 billion over two years. The bill will now go to the U.S. Senate, and if approved there, will then go to the President. Based on the President’s previous comments about the program, it appears he would sign the Homestar bill into law without question. The proposed Homestar program is split up into two tiers: The Silver Star program would provide upfront rebates of up to $3,000 for specific energy-efficient improvements in homes, such as installing energy-efficient appliances or duct sealing, insulation or new windows or doors. The Gold Star program would entitle people to up to $8,000 when they conduct comprehensive energy audits and implement measures … Read entire article »
Filed under: Featured
Homestar Not a Priority for Upcoming Jobs Bill
On Tuesday, Reuters reported that President Obama said that incremental steps might be necessary to get job-boosting initiatives to pass Congress. The President also acknowledged that it is realistic that a jobs bill might not have everything he wants to see in it. The article discussed several initiatives to try to create jobs, but Homestar (Cash for Caulkers) was not mentioned. In addition, during his weekly radio address on February 6th, the President discussed proposals to … Read entire article »
Filed under: Homestar
Obama Reiterates Desire to Give Homeowners Rebates for Energy Efficiency
In tonight’s State of the Union Address, President Obama referenced the proposed Homestar, or “Cash for Caulkers”, program by stating “we should give rebates to Americans that make their homes more energy efficient.” President Obama said that jobs must be the #1 focus in 2010 and that he wants a jobs bill on his desk without delay. Questions now include what the details of the jobs bill will be, what type of tax credit will be given … Read entire article »
Filed under: Homestar
2009 Tax Checklist for Energy Efficiency Credits
It’s that time of year when taxpayers are starting to receive 2009 tax information in the mail and, as a result, starting to prepare their 2009 taxes. Here’s a quick and easy checklist to see if you qualify for any home energy efficiency improvement tax credits: Did you install any of the following in 2009? Biomass Stove Heating, Ventilating, Air Conditioning (HVAC) Insulation Roof Water Heater Windows Doors Geothermal Heat Pumps Small Wind Turbines Solar Energy Systems If so, you may qualify for a tax credit for 30% of the cost, up to … Read entire article »
Filed under: tax Credits
Will Obama Discuss Cash for Caulkers on January 27th?
Will Obama discuss the Cash for Caulkers in his State of the Union Address on January 27th? On one hand, now that Scott Brown has been elected as a Massachusetts Senator, one could argue the odds of the Cash for Caulkers program becoming a reality probably have decreased. With Brown’s victory, the Democrats no longer have their supermajority which is needed to overcome any GOP filibusters. The number one priority for the Democrats right now is … Read entire article »