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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