The $500-per-worker credit for lower- and middle-income taxpayers that Obama outlined during his presidential campaign was scaled back to $400 during bargaining by the Democratic-controlled Congress and White House....Officials estimated it would mean about $13 a week more in people's paychecks when withholding tables are adjusted in late spring. Critics say that's unlikely to do much to boost consumption. Well, it would cover a couple of cups of coffee at Starbucks each week.
I'm all for high speed trains here in the U.S., but the $8 billion earmarked for high speed trains:
In late-stage talks, Obama and Senate Majority Leader Harry Reid, D-Nev., pressed for $8 billion to construct high-speed rail lines, quadrupling the amount in the bill that passed the Senate on Tuesday.
Reid's office issued a statement noting that a proposed Los Angeles-to-Las Vegas rail might get a big chunk of the money. Let's make sure the casinos stay in business - but in the meantime 40 and 60 year-old businesses are going under along with who knows how many small businesses that don't make the nightly news.
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