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The Texas Blue
Advancing Progressive Ideas

Senate Republicans Block Stimulus Expansion

You knew it might happen, one way or the other: Senate Republicans successfully blocked the expansion of the economic stimulus package on a 58-41 vote. All this means for the moment is that the jockeying isn't over. This will come up again (and sooner rather than later) as pressure mounts to get the stimulus package out the door.

It's nice to know that

It's nice to know that progress is going forward on the president's economic stimulus package. The president has already signed the stimulus bill on some states. He also announced that he will be sending out checks to certain states that have nearly depleted their funding for Medicare, so some of the quick loans they are expecting will be arriving early. The Medicare and Medicaid systems are both beginning to experience shortfalls and are expected to be close to bankruptcy within the next 20 years. Social Security is also right behind those two, so getting some payday loans in now, and getting down to work on the problem is a good move.

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