Democrats to unveil $825 billion economic stimulus
Published: Thursday, January 15, 2009 at 9:14 a.m.
Last Modified: Thursday, January 15, 2009 at 9:14 a.m.
WASHINGTON — House Democrats are circulating an $825 billion economic stimulus measure that emphasizes health care, education and highway construction as well as tax cuts for individuals and businesses.
A summary of the measure shows spending totaling roughly $550 billion and tax cuts of $275 billion, although the totals are expected to shift considerably as Congress works on the bill.
Democratic leaders plan to unveil the legislation later today. The Associated Press obtained a copy in advance.
Democratic leaders have pledged to have a bill ready for President-elect Barack Obama to sign by mid-February.
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