Politics Surrounding New Stimulus Package In House

By: Associated Press Email
By: Associated Press Email

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House Republicans and Democrats are jockeying for political advantage as they push their versions of a second stimulus bill that both agree is needed.

Democrats are talking of returning after the election to work on a plan. A top Republican urged that Congress return before that, but quickly backed down.

House Speaker Nancy Pelosi is ordering hearings on what should be in the package. She says priorities include extending jobless benefits, pumping money into infrastructure projects, and sending food aid to the poor and money to states to pay their Medicaid bills. Officials say the price tag could reach $150 billion.

Republicans are calling for corporate and investment tax cuts, more energy exploration, and federally insuring 100 percent of bank transaction accounts, among other measures.

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