8/11/2010

U.S. President Barack Obama quickly signed into law a $26 billion bill to provide financial aid to states, after the House passed the measure with a 247-161 vote. The law provides $16 billion for Medicaid and $10 billion for education. The legislation also takes back some previous help for the poor by cutting $11.9 billion from the food stamp program and ending advance refunds under the earned income tax credit.

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