HOUSE PLANS VOTE WEDNESDAY ON STIMULUS BILL
Facing rapidly dwindling GOP support, the House plans a vote on Wednesday on their version of the stimulus bill. The Senate Finance Committee released the text for the tax portions last week calling for $275 billion in tax decreases. See the 140-page Senate Finance report here. (Look for the two links starting with "Original Chairman's Mark..." on the Committee page). You can also see the current House text of the bill here.
The stimulus package is criticized from all sides. The GOP says there aren't enough tax cuts. Democrats want more spending. Some question the effect of the stimulus, especially some of the proposed spending such as funding for contraception. Economists say something big needs done fast. The package is almost too big to even summarize, but should Congress pass or defeat the stimulus bill? Select your initial view below to see more details on the proposed spending and then tell Congress what you think.
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