Handing the new administration a big win, the House Friday passed President Barack Obama's $787 billion plan to resuscitate the economy.The bill was passed 246-183 with NO Republican help. All but seven Democrats voted for the bill - a 1,071 page, 8-inch-thick measure that combines $281 billion in tax cuts for individuals and businesses with more than a half-trillion dollars in government spending. The money would go for infrastructure, health care and help for cash-starved state governments, among scores of programs. Seniors would get a $250 bonus Social Security check.
Obama claims the plan will save or create 3.5 million jobs, but Republicans said it won't work because it has too little in tax cuts and spreads too much money around to everyday projects like computer upgrades for federal agencies.
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SY OF THE ALBANY PROJECT BLOG)PCS OF THE ADIRONDACK MUSING BLOG ADDED THIS
Will any of the economic stimulus money come to the North Country? I imagine it will, certainly in the form of money for Medicare and education. Will John McHugh take credit for any money the North Country gets from the economic stimulus bill? Since he voted against it, I assume he will not.
