L.A. Times: A Look at Senate Stimulus Bill
An L.A. Times story today gives a general review of the stimulus package that has been proposed for debate in the Senate.
The story notes the package, "includes $325 billion in tax breaks and $560 billion in direct spending to spur the economy by putting more money in the hands of consumers, encouraging businesses to save or create jobs, and funding infrastructure projects to boost employment."
Senators are proposing specific amendments to beef up parts of the bill that they believe will actually create jobs, such as spending on infrastructure road and water projects, while removing certain costs for programs that Senators argue will not create jobs, such as a program to encourage citizens to quit smoking.
There are no specifics in the article regarding spending on cleantech or greentech projects.
Bibliography: "Senate Launches Economic Stimulus Debate," by Janet Hook and Mark Reynolds; Los Angeles Times; February 3, 2009; [From Electronic Version].
Posted by Ross Levanto on February 3, 2009 at 7:56 AM
