If worker's and companies are the only one's to benefit from this package, what about the one's who lost their jobs and the one's on fixed incomes? Is this fair to them?
Obama's proposal to stimulate the economy includes tax cuts of up to $300 billion, including $500 tax cuts for most workers and $1,000 for couples,as well as more than $100 billion for businesses, an official said. The total value of the tax cuts would be significantly higher than had been signaled earlier.
The tax cuts for individuals and couples would be similar to the rebate checks sent out last year by the Bush administration and Congress in a bid at that time to boost the slowing economy. A key difference is that the tax cuts this time around may be awarded through withholding less from worker paychecks. That provision would cost about $140-150 billion over two years.
In other words the people who don't have jobs will be left out of this package.......this is the way this wording is sounding to me..........It's not fair to fault the people who lost their jobs, and have no income to back them up with this package.
"We've got an extraordinary economic challenge ahead of us," Obama said. "We're expecting a sobering job report at the end of the week." Obama has insisted that bold and quick action is necessary if the nation is to rebound from the greatest economic crisis since the Great Depression. He has said repeatedly he wants a plan that will create 3 million new jobs. People on fixed income's haven't heard of a thing, to help them with this new package, as far as I can tell..........they need help too..........
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