Financial Briefs

Breaking financial news from Wall Street to Main Street

Senate Democrats Propose $56 Billion Economic Stimulus Plan

Posted by financialbriefs on September 25, 2008

Senate Democrats proposed a $56 billion economic stimulus package that would increase government spending on unemployment benefits, food stamps, infrastructure projects, aid to state governments and heating aid to the poor.

Senate Majority leader Harry Reid, a Nevada Democrat, said today that the legislation is needed to help millions of Americans struggling with the slow economy.

“We must not forget Main Street as we work to address the crisis on Wall Street,” he said, adding that the plan would “create hundreds of thousands of good-paying American jobs and prevent cuts in critical services for millions of Americans.”

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One Response to “Senate Democrats Propose $56 Billion Economic Stimulus Plan”

  1. jwojdylo said

    “unemployment benefits, food stamps, infrastructure projects, aid to state governments and heating aid to the poor.” I wish I could say I agreed, but I have seen too many worthless individuals who have NO desire to get a job and just milk the system!

    http://jwojdylo.wordpress.com

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