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I actually like this plan better and i'm a democrat.
The $713 billion plan was put together by Florida Sen. Mel Martinez, who has been working with a handful of other GOP senators.
The proposal includes $430 billion in tax cuts, $114 billion for infrastructure projects, $138 billion for extending unemployment insurance, food stamps and other provisions to help those in need and $31 billion to address the housing crisis.
It does sound good. They're haggling... and they all to be cooperating, working together. GOOD.
The mention of John Behner's petition for Republicans to go plant sod on the Mall for free - sounds so funny, but if they (and everyone) just take that volunteer mentality to heart, we're really on the right track.
I actually like this plan better and i'm a democrat.
The $713 billion plan was put together by Florida Sen. Mel Martinez, who has been working with a handful of other GOP senators.
The proposal includes $430 billion in tax cuts, $114 billion for infrastructure projects, $138 billion for extending unemployment insurance, food stamps and other provisions to help those in need and $31 billion to address the housing crisis.
I don't. First, it's not big enough (I don't even think Obama's is). Second, tax cuts are not stimulative as direct government spending, so the overall effect of the stimulus will be less on a dollar-for-dollar basis.
I don't think the end result will be halfway. The Republicans lost the last election, quite convincingly, so rather than splitting the difference between the Repub and the Dem plan, it will look much more like the Dem plan. (In particular, I don't see anything near that level of tax cuts.)
I like it. Plain and simple, and it would provide almost immediate results.
As predicted, what comes out of the Senate is much mores sensible than what is thrown around in the House. However, I would much rather the remaining $350 be unfrozen from the TARP bailout to be used to cover part of the $430 billion.
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$142 billion for education, $111 billion for health care, $90 billion for infrastructure, $72 billion for aid and benefits, $54 billion for energy, $16 billion for science and technology and $13 billion for housing.
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The Senate bill also adds a $300 payment to seniors, disabled people and others who can't work and suspends taxes on the first $2,400 on unemployment benefits.
Sounds a lot better than some of the crap in the $819 billion stimulus plan; At least this one does not contain a plethora of unnecessary expenditures.
It is certainly an improvement over some other republican 'plans' that are being bandied about, however, I think it is still too much allocated for tax cuts. I think the numbers for tax cuts and infrastructure should be reversed.
It is certainly an improvement over some other republican 'plans' that are being bandied about, however, I think it is still too much allocated for tax cuts. I think the numbers for tax cuts and infrastructure should be reversed.
I'm with you! Tax cuts have proven to only have a minimal effect!
I don't. First, it's not big enough (I don't even think Obama's is). Second, tax cuts are not stimulative as direct government spending, so the overall effect of the stimulus will be less on a dollar-for-dollar basis.
Immediate gratification over long-term growth? That's what got us where we are today.
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I don't think the end result will be halfway. The Republicans lost the last election, quite convincingly, so rather than splitting the difference between the Repub and the Dem plan, it will look much more like the Dem plan. (In particular, I don't see anything near that level of tax cuts.)
I agree, though the GOP insistence on tax cuts will force the Dems to make a few meaningful gestures in spite of themselves. But don't worry. The bureaucrats will still get their $600 million worth of new cars....
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