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Stimulus Deal Reached Tentatively
- February 11, 2009 19:11:03
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- +2 raves
- WASHINGTON — House and Senate negotiators agreed to pare economic stimulus legislation below $800 billion and reached for a final deal with the White House on Wednesday on a bill designed to create millions of jobs in a nation reeling from recession.
"Time's getting short," said Sen. Susan Collins, R-Maine, one of a handful of Senate moderates whose votes are crucial to the bill's passage.
As if to underscore the urgency, President Barack Obama said executives at Caterpillar Corp. told him they would rescind some of the 22,000 layoffs they recently announced once the stimulus is signed into law........ Read full article »
"Time's getting short," said Sen. Susan Collins, R-Maine, one of a handful of Senate moderates whose votes are crucial to the bill's passage.
As if to underscore the urgency, President Barack Obama said executives at Caterpillar Corp. told him they would rescind some of the 22,000 layoffs they recently announced once the stimulus is signed into law........ Read full article »
Top Comment
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I just wonder if a paired down version of the stimulus plan will have the same effect. Also, my concern is that the stimulus plan as a whole will be too later before all the money is spent. My view is that spend whatever necessary in the next 12 months, let's not wait 3 years. Would be cool to give more money for startups...i think that would be huge stimulus and foster the entrepreneur spirit!View thread
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I just wonder if a paired down version of the stimulus plan will have the same effect. Also, my concern is that the stimulus plan as a whole will be too later before all the money is spent. My view is that spend whatever necessary in the next 12 months, let's not wait 3 years. Would be cool to give more money for startups...i think that would be huge stimulus and foster the entrepreneur spirit!
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