Monday, January 28, 2008

Senate trying to improve economic insentive package

Senate may add to stimulus package

WASHINGTON - Senate Democrats will move to add to a $150 billion economic stimulus package rebates for senior citizens living off Social Security and an extension of unemployment benefits, setting up a clash with the White House and House leaders who are pushing a narrower package.
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Adding rebates for senior citizens living solely off Social Security checks — who are ineligible under the plan hatched by House leaders and the White House — would likely mean doling out smaller rebates overall, shrinking the size of the payments from $600 to $500, according to aides familiar with the emerging proposal.
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The House plan leaves out some 20 million seniors, according to the AARP.

The Senate measure is likely to include a 13-week extension of unemployment benefits and a 26-week extension in states where the unemployment rate exceeds 6 percent, the aides said.
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But Senate Majority Leader Harry Reid, D-Nev., has said the Senate would consider adding to that plan, including extending unemployment benefits, boosting home heating subsidies, raising food stamp benefits and approving money for public works projects.


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Of course, the WH is against helping the people who actually need help, but at least the Senate is trying. I'm not holding my breath on this, though - it makes too much sense!