1/15/2009

A draft of the House Democrats' economic-stimulus plan puts the package at about $825 billion, with much of that money going toward Medicaid and education, and about $92 billion to infrastructure projects. The electrical grid would also receive some funding. If a fix to the alternative minimum tax is included, the price tag could increase to around $900 billion. Some Republicans are said to prefer an emphasis on tax cuts rather than spending. "We will never tax and spend our way back to prosperity," said Rep. Jim Jordan, R-Ohio.

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