Monday, May 20, 2013

The latest local news, weather and high school sports from the Heartland

House approves economic stimulus bill
Posted: 01.28.2009 at 5:51 PM
1
Photo

WASHINGTON (AP) -- The Democratic-controlled House has approved an $819 billion economic stimulus package critical to President Barack Obama's plan to revive the economy.

The House vote came after days of intense lobbying by the new president, including personal appeals to congressional Republicans.

GOP lawmakers spurned Obama, saying the bill contains too much spending and not enough tax cuts.

Democrats argued that the bill was imperative with the economy in the worst shape since the Depression.

The legislation includes an estimated $544 in federal spending and $275 billion in tax cuts for individuals and businesses. It includes money for highway construction and mass transit.

The Senate is working on a costlier version of the bill.

(Copyright ©2009 by The Associated Press. All Rights Reserved.)

Popular Stories
Thumbnail
Conceal and carry instructor charged with faking documents
KTVO Newsdesk  |  Today at 8:25 AM  |  4 comments
Thumbnail
Storms generate severe damage to an Eldon farm
Laura Simon  |  Today at 2:19 PM  |  1 comment
Follow Heartland Connection
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
Senior of the Month
View and Nominate here
Funeral Announcements
Announcements from area funeral homes
Senior Living
Information for you
Featured Sponsors
Information from our experts
ADVERTISEMENT