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February 14, 2009

Congress passes the "just-might-work" $787 billion stimulus bill.

A bold and historical action. President Obama keeps reminding us it might not work fast or well. We get it. What's in this thing, anyway? Bloomberg: "Congress Sends Obama $787 Billion Economic-Stimulus Package". Excerpt:

The Senate late yesterday voted 60 to 38 to approve the legislation. Three Republicans joined Democrats in favor of the measure. Earlier in the day the House passed the bill, 246 to 183, with no Republicans in favor.

Posted by JD Hull at February 14, 2009 11:24 PM

Comments

I'm not sure if the bill makes sense. Economies go through cycles and recession is part of the cycle. I read the history of cycles at

http://www.recessioninfocenter.com

Posted by: Jeff at February 15, 2009 12:23 AM

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