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Thursday, December 17, 2009

House Passes Mini-Stimulus

“The U.S. House of Representatives on Wednesday approved a $155 billion measure that seeks to create jobs and blunt the impact of the worst recession since the 1930s. By a vote of 217 to 212, the House approved additional spending for ‘shovel-ready’ construction projects and money to avoid layoffs of teachers, police and other public employees. The Senate is expected to consider the measure early next year.” (Reuters, Wednesday)

It’ll be interesting to watch which states end up getting this money and how it affects the Health Care vote.

FEE Timely Classic:
Myths of the New Deal” by Burton Folsom Jr.