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<blockquote data-quote="perda04" data-source="post: 619082" data-attributes="member: 2348"><p>Uhh, you see, it's like this. It seems we blew and completely squandered the first $700 BN. Can we have another $825 BN?</p><p></p><p><a href="http://news.yahoo.com/s/nm/20090115/pl_nm/us_usa_economy_stimulus_6" target="_blank">Another $825 BN</a></p><p></p><p>WASHINGTON (Reuters) – Democratic leaders in the House of Representatives unveiled an $825 billion tax cut and spending bill on Thursday they hope will help President-elect Barack Obama reverse the steep decline in the U.S. economy.</p><p></p><p>The bill, which would add to an already massive $1.2 trillion budget deficit forecast for this year, would combine $550 billion in emergency spending initiatives with $275 billion in new temporary tax benefits over the next two years.</p><p></p><p>The goal of the legislation, according to House Speaker Nancy Pelosi, a California Democrat, is to create and save up to 4 million jobs in an economy that has suffered through a recession for more than a year.</p></blockquote><p></p>
[QUOTE="perda04, post: 619082, member: 2348"] Uhh, you see, it's like this. It seems we blew and completely squandered the first $700 BN. Can we have another $825 BN? [url=http://news.yahoo.com/s/nm/20090115/pl_nm/us_usa_economy_stimulus_6]Another $825 BN[/url] WASHINGTON (Reuters) – Democratic leaders in the House of Representatives unveiled an $825 billion tax cut and spending bill on Thursday they hope will help President-elect Barack Obama reverse the steep decline in the U.S. economy. The bill, which would add to an already massive $1.2 trillion budget deficit forecast for this year, would combine $550 billion in emergency spending initiatives with $275 billion in new temporary tax benefits over the next two years. The goal of the legislation, according to House Speaker Nancy Pelosi, a California Democrat, is to create and save up to 4 million jobs in an economy that has suffered through a recession for more than a year. [/QUOTE]
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