Economic Stimulus Plan

Top Senate Democrats have unveiled a 56 billion-dollar plan to stimulate the economy.

It includes proposals to extend unemployment benefits and help
states pay for Medicaid.

Senate Majority Leader Harry Reid and Appropriations Committee Chairman Robert Byrd released the high-spending measure. A vote could occur as early as Friday.

With most Republicans opposed, however, the Reid-Byrd stimulus plan measure is likely to stall. Democrats are then expected to hold the vote against Republicans in the campaign for control of Congress.

In the House, Speaker Nancy Pelosi says that chamber would probably take up a similarly sized economic stimulus plan as early as today, but no proposal has been released and a vote appears unlikely. Conservative Democrats have qualms about its impact on the budget deficit.

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  • by Meredith Location: Greenville on Sep 29, 2008 at 04:14 PM
    Pretty much, we are all going to die. We will either go into an even worse recession or get blown up by some dude.
  • by Ashamed Location: Washington on Sep 29, 2008 at 03:02 PM
    I used to live in a place called North Carolina - but know it's the same as all the rest - it's the "show me the money" state.Get a job and quit handing out welfare to those who do not need it.Since we have to pass drug testing to go work - why don't the welfare folks have to pass a drug test to get their money and foodstamps?
  • by Obama Snake Oil Co Location: Washington on Sep 29, 2008 at 11:46 AM
    This isn't a economic stimulus plan its a Democrats (elect me) bribery plan. It won't happen with the AIG buyout.
  • by fedup Location: North Carolina on Sep 29, 2008 at 06:25 AM
    to Michelle in NC: girl you said a mouth full, you are one hundred percent right, and our governor gave his wife a $80,000.00 raise with UNC systems approving a 88% raise for her. I totally understand were you are coming from, it is hard to make ends meet. I don't know about you but the ES checks that went out where we expected $1200.00 for a married couple. that was a joke, my family only got $600.00 and my daughter got zip. go figure that.
  • by Jim on Sep 28, 2008 at 05:46 PM
    To Anonymous, I was not disagreeing with Steve, no place in my comment did I say I disagreed with him. I was just voicing my opinion on the subject matter of a conversation or discussion. So now I find myself defending what I said, there is something wrong with this picture. I was not talking to you in the first place.
  • by Anonymous on Sep 28, 2008 at 04:13 PM
    Jim, You didn't understand Steve's posts. He does not expect it to pan out. Try reading it again, come on, you can do it. Go slowly this time.
  • by Jim on Sep 28, 2008 at 01:34 PM
    To Steve, Sir all I have to say about this bailout, it is set up to fail from the beginning. There is absolutely nothing more to be said about it Sir I have cut to the chase here, no fancy words from me Sir.
  • by Devil Dog Location: New Bern on Sep 28, 2008 at 08:22 AM
    To Steve..Amen to that...Great post. I would add that we have leaders, at all levels of government and public education, that lacks "backbone". You can throw in WALL STREET" as the amoebas of them all.
  • by hope Location: NC on Sep 28, 2008 at 06:18 AM
    Well said Steve. We may get a rare glimpse of many a mans (&womens) characters in the coming days. God help us.
  • by Steve Location: Kinston on Sep 27, 2008 at 08:49 PM
    I must respectfully reply to you that I made absolutely no disparaging remark about our servicemen in my posts. I served seven years in the service during the 60's and 70's. I however, consider it to have been a honor to serve my country and do not think that I am such a hero because I did so. Our present leadership in the United States seem to lack a backbone to do the right things for our beloved America in my humble opinion. In reply to BERNIE'S INANE post I neither covet nor am I impressed by any man's financial status. What one does with their monies is what I consider the test of a man's character.

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