Reid Announces Stimulus Agreement
Senate Majority Leader Harry Reid announced Wednesday afternoon that congressional leaders have finally agreed on a $789 billion economic stimulus package, pushing the plan to a final House and Senate vote by Friday at the earliest.
Senate Majority Leader Harry Reid announced Wednesday afternoon that congressional leaders have finally agreed on a $789 billion economic stimulus package, pushing the plan to a final House and Senate vote by Friday at the earliest.
Wait, before you go…L.A. Times:
Congressional negotiators are closing in on a final version of a sweeping economic recovery package, and the bill could be voted on by both the House and Senate by Friday.
Multiple sources have confirmed that the new plan is budgeted at $789 billion, a figure smaller than in the bill that emerged from the House last month and the one approved by the Senate on Tuesday.
It appears that House Democrats have succeeded in restoring some funds that were stripped out by a group of Senate moderates last week, including $44 billion in aid to struggling state governments and $6 billion for school construction and modernization. Both line items were important to the White House.
If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.
Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.
Support Truthdig
Politics
Obama's only takeaway from the Syria episode was to never again seek Congressional approval for military action.
Politics
Cautionary politics lost them the majority a decade ago. It’s taken that long to reboot.
With his nonstop barrage of lies, the president has degraded our electoral system to the point that any result will feel illegitimate.
The class war that gave rise to his campaign is the fault of a long line of corporate Democrats like Joe Biden, and voters know it.
A revealing new study finds the Justice Department charged just 359 such criminals in January—a decline of 25% from five years ago.
A closer look at the Trump administration's agreement with the Taliban reveals all the president's concerned with is bragging rights.
There are currently no responses to this article.
Be the first to respond.