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Stim update: The $1000 tax credit for couples is down to $800 - additional money for states and school construction

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Filed: Timeline
Posted

WASHINGTON (AP) — Negotiators for Congress and the White House have tentatively settled on a $790 billion price tag on President Barack Obama's economic stimulus bill and are working to narrow differences on individual elements of the bill.

...

Obama's negotiating team had prevailed in restoring some lost funding for school construction projects during talks Tuesday, and had also increased aid to state governments above the $39 billion approved in a compromise with a handful of Senate GOP moderates.

Obama's "Making Work Pay" tax credit would be reduced from $500 per worker to $400, with couples eligible for an $800 credit, instead of $1,000, said a Democratic aide close to the talks.

http://www.google.com/hostednews/ap/articl...Zur22AD969G7G80

Man is made by his belief. As he believes, so he is.

Filed: Timeline
Posted
WASHINGTON (AP) — Negotiators for Congress and the White House have tentatively settled on a $790 billion price tag on President Barack Obama's economic stimulus bill and are working to narrow differences on individual elements of the bill.

...

Obama's negotiating team had prevailed in restoring some lost funding for school construction projects during talks Tuesday, and had also increased aid to state governments above the $39 billion approved in a compromise with a handful of Senate GOP moderates.

Obama's "Making Work Pay" tax credit would be reduced from $500 per worker to $400, with couples eligible for an $800 credit, instead of $1,000, said a Democratic aide close to the talks.

http://www.google.com/hostednews/ap/articl...Zur22AD969G7G80

So, the taxpayers are getting a smaller kickback than they did under Bush? BAD RAHM! BAD, BAD, BAD!

 

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