Senate Democrats Plan New $50 Billion Stimulus Package
Senate Democrats plan to unveil a second fiscal stimulus plan next week, this one worth at least $50 billion, arguing that soaring energy prices and the crisis in the housing market require a major jobs program to kick-start a faltering economy.
The Senate Appropriations Committee will consider a stimulus plan Tuesday, the first step toward legislation drafted by Democrats that President Bush and congressional Republican leaders oppose. The final details of the Senate legislation are still being developed as lawmakers and staff members pick through an assortment of traditional liberal programs, such as increased funding for highway construction, food stamps and home heating assistance. Also under consideration is another round of government payments to workers.



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Washington Post | Paul Kane | July 18, 2008 09:03 AM