Stimulus Bill Grows to $887 Billion as It Moves Through Senate Committees
As those in the House geared up yesterday to begin debate on the $825 billion stimulus bill, their compatriots on the Senate side passed the bill through two key committees—and added another $70 billion in tax relief, swelling the package to more than $887 billion.
The Senate Appropriations Committee approved $365.6 billion in spending portions of the bill yesterday, while the Senate Finance Committee passed $522 billion in tax cuts, incentives, and investments.
The bill passed through Appropriations by a vote of 21 to 9, despite Republican complaints that the bill was being hustled too quickly through Congress. But the bill wasn't amended in committee, with Republicans instead expected to propose amendments when the bill comes before the full Senate.
The biggest winner in the appropriations portion of the marked-up bill is infrastructure, with nearly $137 billion slated for improvements. That sum includes $27 billion for highways, $19.5 billion for schools, $9 billion to expand broadband Internet access, and $8.4 billion for mass transit.
Another $125 billion would go toward education, including $13.9 billion to increase the Pell Grant maximum award. Energy initiatives get $49 billion. Programs that protect those hit hardest by the financial crisis, including nutrition programs, child care, and social services block grants, make up $25 billion of the package. Meanwhile, $16 billion goes to health spending.
On the same day, the Senate Finance Committee passed its portions of the package by 14 to 9. That included one $69.8 billion amendment to the bill, a measure designed to protect more than 30 million households, mainly with incomes between $100,000 and $500,000, from the alternative minimum tax this year. Other amendments included tax credits for broadband in rural areas and more tax credits for investment in renewable energy.
The bill will be taken up on the floor of the Senate for a vote next week. The House began debating on its own version of the stimulus bill today, with a vote expected today or tomorrow.
- Read more news about the stimulus.
Reader Comments
order fluoxetine
nolvadex online Julian Kenyon Volume 4 Issue 4 - Nurse Patricia Peat Volume 5 Issue 1 - Dr. You should take Arimidex ® as prescribed. You should take Arimidex as prescribed. ONJ, which causes a breakdown of the jawbone, usually results in the loss of some or all of the individual's teeth. In some cases, we may process personal information on behalf of and according to the instructions of a third party, such as our advertising partners.
tamoxifen drug
fluoxetine 20 mg About Arimidex An Overview of Arimidex Drug Interactions Arimidex ® (anastrazole) can potentially interact with other medications. When your childbearing days are complete or when your future plans do not include the possibility of children--you and your partner may conclude that surgical Dependent upon the patient's Zelnorm which were either considered by the investigator as possibly drug related, or occurred in at least 2 more patients on Zelnorm than on placebo. Monitoring and Testing While Taking Anastroloze: You will be monitored regularly by your doctor while you are taking Anastrozole, but no special tests are required.
Greed will doom us all!
I can not for the life of me understand why our goverment is so intent on taking down the worlds econmy by stuffing so much garbage into 1 bag and expect everybody to agree. This is not a smart. I would never claim to know the best thing to do but, if I focus on just one thing at a time I bet I could understand what was on the table.
Everyone knows when you are overwelmed with a serious problems that you handle them one step at a time. Everyone but our goverment. What is up with that? If you stuff your mouth so full of food you can not chew it then you choke.
That is exactly what is happening while the country is going down tubes. Why can't we work on the foreclosers send out the money then the auto industries and send out the money the tax reform the small business and so on. Are they afraid that everyone is going to be able to understand what they are voting on? Or is this the point of stuffing the bill so you have to take the bad with the good if there is any good in there? Who knows anymore?
I want a goverment that looks out for the future of my country, my quality of life, and the future of humanity. I am very dissapointed in American politics. They are looking more and more like the fake wrestling set up purely for entertainment purposes merely to sale tickets for the show.
advertisement
