So what do I see on the front page of the AJC this morning? Great! Congress has
reached a “compromise” on the economic stimulus package. Reading further it turns out Harry Reid and Nancy Pelosi dropped the part that includes extended unemployment benefits and food stamps. Fancy that, our good Congresscritters dropped the only part of the stimulus plan that actually had some chance of actually stimulating the economy. What we have instead is a deficit increasing package that will mostly benefit Chinese workers.
They did add a few token breadcrumbs so we will feel good about the whole thing.
The deal came yesterday after the Senate added low-income seniors and disabled veterans to the list of people who would receive money under a package previously approved by the House, then approved the bill, 81 to 16. The House took up and passed the Senate measure last night in a 380 to 34 vote, ensuring that checks would begin reaching recipients by mid-May.
Why am I not surprised?
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