Kamis, 17 Desember 2009

"Son of Stimulus"

That's what everyone's favorite sun burned congressman from Ohio dubbed an extension to unemployment benefits.

There has been much commotion on this blog about whether people let go after June 21 will receive an extension on their unemployment benefits. Well, the U.S. House passed a $154 billion jobs bill yesterday to extend unemployment benefits for six months, along with numerous other programs, according to the Associated Press. The bill passed by a 217-212 vote, with not a single Republican voting for the measure (I'm looking at you Tim Murphy).

Now, this is great news and all, but it will not hit the floor of the U.S. Senate until January. And the AP story says this most recent stimulus bill will have a harder time making it through the Senate... God Bless America! Plus, our proud senators are very busy right now watering down health care reform and catering to insurance lobbyists. I mean, we can't expect them to do much-need plans quickly, can we?

Major Items in the Jobs Bill
-$41 billion to extend unemployment benefits for six months
-$36 billion for highways and mass transit
-$24 billion to states for Medicaid for poor and disabled
-$23 billion for teacher salaries to save about 250,000 jobs
-$20 billion to keep Highway Trust Fund solvent
-$12.3 billion for health insurance subsidies for long-term jobless
-$2.8 billion for water projects
-$2.3 billion to extend family child tax credit for poor families
-$2 billion for job training and summer jobs
-$2 billion for housing renovations
-$1.2 billion to put 5,500 cops on the street
-$600 million for improvements to airports and seaports

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