Dems begin tinkering "up" economic stimulus plan

January 30, 2008 · Print This Article

From the article Senate Democrats adding to stimulus:

Senate Democrats will move to add to a $150 billion economic stimulus package rebates for senior citizens living off Social Security and an extension of unemployment benefits, setting up a clash with the White House and House leaders who are pushing a narrower package.

The president and House leaders agreed last week on a proposal to provide rebates to 117 million families and to give businesses $50 billion in incentives to invest in new plants and equipment. The goal is to help head off a recession and boost consumer confidence.

But Senate Majority Leader Harry Reid, D-Nev., quickly said the Senate would consider adding to that plan, including extending unemployment benefits, boosting home heating subsidies, raising food stamp benefits and approving money for public works projects.

Ah, Congress works in mysterious ways…every opportunity is seized (hey, an exception to the i before e except after c rule–a teachable moment) to put back what the 1990’s took away. And though I am just a poor boy from a poor family–means I

might actually qualify for those food stamps in this economy, but I won’t partake–I won’t get much more than the $300 for my teenage son (That will be about three weeks of groceries with his metabolism.), since I am not in the income bracket that would buy a “consumer good” such as a flat screen TV or invest in propping up the one legged stock market. Actually, I suppose some people might use the checks to pay off some of that credit card interest and never buy goods with it.

Plus, I really can’t wait until June–or August or September after the tinkering–as the kid wants to eat right now.

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