http://personalmoneystore.com/moneyblog/2009/01/26/economic-stimulus-update-from-online-payday-loan-source/ Obamas economic plan goes to the House
US Capitol in Washington, D.C. The building is...
The U.S. Capitol Building will be busy as Congress rushes to finish the economic stimulus package.
Your online payday loan source keeps you updated on the economy.
Progress is going forward on the presidents economic stimulus package. Barack Obamas American Recovery and Reinvestment Plan will be reviewed by the House of Representatives on Wednesday.
Senate Finance and Appropriations committees, also on Wednesday, will review the portions of the stimulus that concern them. Consensus among leaders is that the bill is on schedule to meet the mid-February goal for completion.
No time to argue
Many Republicans still oppose the overall size and expense of the $825 billion package. Congress members such as House Minority Leader Boehner have proposed a number of changes that lean toward heavier tax cuts. Advocates argue that the tax cuts will have a more immediate effect on the economy.
Nevertheless, both sides of the aisle agree that the legislation will be ready for the presidents approval before the Presidents Day recess. House Speaker Nancy Pelosi has said the package must be on the presidents desk by Feb. 16 or else Congress will have to work through the recess to finish it. For more on this article, please visit http://personalmoneystore.com/moneyblog/2009/01/26/economic-stimulus-update-from-online-payday-loan-source/
<< Back to article
