president bush signs

White House Press Secretary Dana Perino announced today that the President will now have an Intellectual Property Czar, who's responsibility will be to be a single point of authority amidst multiple executive branch agencies and departments.

Perino announced:

Washington, D.C. (August 1, 2008) - President Bush has signed into law a mammoth piece of housing legislation that includes assistance for homeowners facing foreclosure, a one-time tax credit of up to $7,500 for first-time buyers and a plan to aid struggling federal mortgage giants, Fannie Mae and Freddie Mac.

Unfortunately, the bill includes a new tax regulation provision that is opposed by the National Association for the Self-Employed (NASE).