The Senate is About to Extend UI

and the homeowner's tax credit and may do so as "early" as today:

WASHINGTON (Reuters) - The U.S. Senate was poised on Wednesday to extend aid for jobless workers and broaden tax breaks for homebuyers and businesses in a bill aimed at breathing life into the U.S. economy.

After weeks of partisan bickering, the Senate voted 97 to 1 to clear a procedural hurdle and move to final passage on Wednesday or Thursday. The House of Representatives is expected to approve it quickly and send it to President Barack Obama to sign into law.

Democrats who control Congress are under pressure to get the economy moving before the November 2010 congressional elections. But they have been reluctant to assemble another massive stimulus package after February's $787 billion measure, fearing a voter backlash over record budget deficits.

No comments:

Featured Post

The View from Grizzly Peak

Today I went on a group hike through the Medford Parks and Recreation Department to Grizzly Peak, which is located in the Cascade-Siskiyou M...