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House Stimulus Bill
Matthew Yglesias — ... Here’s the summary circulating on the Hill. Whatever one thinks of this, keep in mind that the process of getting a bill through the Senate is all-but-certain to make things worse. ...

House steps up with stimulus plan
Political Animal — ... in infrastructure spending, and $54 billion to encourage the production of energy from renewable sources. [...] Under the plan, individuals would receive up to $500 and families up to $1,000 through a cut in payroll taxes on the first $8,100 in income. The money would be delivered through paychecks as a reduction in Social Security withholdings, and is intended to boost consumer spending by giving a small lift to household pocketbooks. The draft bill is making the rounds and has been posted online , but note that the plan includes $90 billion in infrastructure spending, $79 ...

‘More And More’ Middle-Class People ‘Will Slip Into Poverty As The Recession Takes Hold’
Wonk Room — ... payments reduces foreclosures, addressing one of the underlying causes of the crisis. As the Center on Budget and Policy Priorities laid out, these measures also “have a further indirect effect on job creation that unfolds over time, as workers and firms who benefit spend their increased income on a broad variety of goods and services throughout the economy, which in turn preserves or creates jobs and leads to additional spending.” The proposed stimulus circulating on Capitol Hill includes $43 billion to extend unemployment ...