Stimulus Update
Word is the Senate has agreed on an economic stimulus package worth around $150 billion that is essentially the House plan with low-income seniors thrown in. The House and the White House are supposedly on board, meaning the bill is likely to pass quickly.
It's both good news and a missed opportunity to craft a much more effective package.
On the plus side, those who said the political system was too clogged with partisanship to get this out the door quickly are proved wrong. The package is also much improved from the White House's first pass, which excluded low-income families and about 20 million elderly persons.




