Stimulus 2: $300 Billion More
By Walter Alarkon, The Hill
Obama is ready to throw some more money at the problem
The cost of a new jobs bill Democrats hope to move early next year runs to nearly $300 billion when major proposals under serious consideration are added up.
Lawmakers are calling for extending aid to the unemployed, infrastructure spending, a hiring tax credit and increased small business loans.
A number of the jobs proposals backed by Democrats make up a $230 billion package proposed by Mark Zandi of Moody’s Economy.com, who made a presentation to Senate Democrats Wednesday. The provisions
supported by Zandi along with new spending on infrastructure, a favored approach of top House Democrats, would cost between $291 billion and $299 billion, according to estimates by lawmakers and economists.
Aides cautioned that Democratic leaders in both chambers are just beginning to consider what will go into the bill, and that estimates based on standalone bills may not mesh with the final jobs legislation.
Related posts:
- Democrats’ Offer Economic Relief Proposals, but Don’t Call It a Second Stimulus
- $6.4 Billion Stimulus Goes to Phantom Districts
- Stimulus jobs overstated by thousands
- Senate Set to Vote Next Week on Obama Stimulus
- Fact-Checking Obama on That Job Count
Tags: Barack Obama, more money, Stimulus 2
December 4th, 2009 at 3:11 pm
THEY DON'T WANT TO LET A GOOD CRISIS GO TO WASTE. THIS IS A GOLDEN OPPORTUNITY TO STEAL BILLIONS MORE FROM AMERICAN TAXPAYERS.
WHERE DO YOU THINK ALL OF THE MONEY THAT WAS SUPPOSED TO CREATE JOBS WENT TO THE FIRST TIME AROUND?
HOW IS IT POSSIBLE THAT THEY SPENT ALL THAT MONEY WITHOUT CREATING ANY JOBS?
WHY DON'T YOU TRY LOOKING INSIDE THE OBAMA ADMINISTRATIONS POCKETS TO FIND OUT WHERE THE MONEY WENT DUMMIES?
December 4th, 2009 at 6:15 pm
I cannot see how come we cannot get obama impeached before he does more damage to us I think these house and senate LOVE what he is doing
December 4th, 2009 at 7:25 pm
The prisons in this country are full of people that have committed lesser crimes than those in the congress, senate and executive branch…They are shameless…
December 4th, 2009 at 8:46 pm
Action speaks the will of the people. You can hide here and cry and wimper over the situation or you can get up, get out, stand behind America and take positive action, until then your getting exactly what you deserve. Quit complaining and peacefully march on DC and demand the removal of these people.
December 4th, 2009 at 5:53 pm
MORE, MORE, gimme more cried the Liberals. FREE money, it buys votes!!!
Time to impeach.
December 5th, 2009 at 8:01 pm
http:http://www.impeachobamacampaign.com/
IMPEACH OBAMA move by Floyd Brown
December 5th, 2009 at 8:02 pm
Repeat & repeat…liberal.