House Expected To Pass Stimulus Today
By: Import User
Updated: February 13, 2009
(Washington, DC) -- The U.S. House is debating final passage of the massive economic stimulus bill.
A vote could come by midday, setting up final passage in the Senate.
The measure covers roughly $89-billion and focuses on jobs creation and middle class tax relief.The stimulus is highlighted by huge spending, designed to boost hiring, and middle class tax relief.
With a deepening recession, President Obama hoped to get wide, bipartisan support for the stimulus.
That never happened and a final compromise was only achieved with the aid of three moderate Republican senators: Susan Collins and Olympia Snowe from Maine and Pennsylvania's Arlen Specter.
Conservative Republicans complain the stimulus was thrown together hastily and is full of wasteful spending.
boost the sagging economy.
(Copyright 2009 by Newsroom Solutions)
