Wondering about the economic viability of purchasing an organic mattress? The federal government may be able to help.

H.R. 3382, The Home Improvements Revitalize the Economy Act of 2009 — or HIRE for short — was introduced on July 29 by Rep. Henry Johnson (D-Ga.). If passed into law, it will allow a tax credit of up to $500 and deductions of up to $2K through the year 2011 for the purchase of residential building products and furnishings (up to $4K for products that meet approved environmental standards). Yay, Rep. Johnson!   🙂

The bill, which reportedly is enjoying bipartisan support, is making its way through the House Ways and Means Committee. To track its progress or for more information, go to govtrack.us/congress/bill.xpd?bill=h111-3382.