Tag Archives: economic

The Stimulus Plan: The Good, The Bad & The Very Ugly

stimulus package 3 The Stimulus Plan: The Good, The Bad & The Very Ugly

 

 

 

 

 

Shockingly, they heard the cries from the financial markets and adjusted the package. They reduced the overall amount to below $800 billion, supposedly bumped up the number of jobs the plan will create, and cut back on some of the pork.

Late yesterday, the US House and Senate conferees came to an agreement on the Obama stimulus plan.

A 15k tax credit for anybody buying a home over the next year was dropped, $500-per-worker credit for lower & middle-income taxpayers was cut to $400, and a $54 billion award to money-losing businesses over the

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Posted in Economy, Front Page, US Politics | Also tagged , , , | 3 Comments
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