Stimulus Plan Update 2/11/09 February 11, 2009

The Stimulus Package is being held up in the House of Representatives today, February 11, 2009. Last night, a group that included Nancy Pelosi worked through the night to hatch out differences with Republican House members and the Senate. As it stands today, the Stimulus Package would be 838 Billion Dollars.

If this Stimulus package goes through as it stands, a new home buyer could get a $15,000 tax credit but the new package could hurt programs like no child left behind. There are also tax incentives for new car buyers.

Key Stimulus Highlights for Wednesday 2/11/09

- House and Senate trying to resolve differences in Stimulus Package
- Final Stimulus could be under $800 Billion
- Senate has passed the Stimulus, now waiting for the House to vote which could come as early as today. President Obama hopes to sign the bill by Friday night.
- House is thinking about cutting some of the $15,000 home tax credit, also not including the New Car incentive.
- Other various tax cuts could be in jeopardy

Americans for Prosperity - No Stimulus Petition - February 11, 2009

Americans for Prosperity has started a Petition on their website over the weekend for Americans who oppose the stimulus.

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