Democrats Screw Up Stimulus Package

Welp, there goes my new PC for a while. Thanks Harry! Great job-NOT

“The US Senate this evening rejected a broad economic stimulus bill in a procedural vote, as it failed to muster the 60 members needed to end debate on the bill and allow a final vote later this week.”

“The Senate bill, which costs about 158 bln usd, would offer tax rebates to taxpayers, but also to low-income individuals and families that do not pay taxes, and recipients of Social Security and veterans benefits. The House bill, which costs 146 bln usd, only allows refund checks to wage earners. Senate Republicans this week offered to vote on the House bill with an amendment to allow seniors and veterans to receive a rebate, but no other additions.

The Democrats’ broader stimulus package bill would also extend unemployment insurance, allow companies to backdate operating losses to prior years, fund state and local efforts to refinance mortgages, and offer a range of energy-related tax breaks for companies and individuals. The House bill does not include any of this language.”