Sunday, January 25, 2009

Senators are asked to support the U.S. economy 455 billion dollars.

The Finance Committee at the U.S. Senate announced a plan to stimulate the American economy, for the financing of which will require 455 billion dollars. That was reported by Bloomberg. The proposed committee paper suggests the introduction of tax breaks, as well as increased costs for health insurance and unemployment benefits.
According to announced plans, the total amount of tax breaks will be 275 billion dollars. Of this amount, about $ 30 billion will be in companies engaged in the development of renewable energy sources. In addition, $ 180 billion to be spent on health insurance of U.S. citizens, as well as the significant increase in unemployment benefits.
January 16, 2009 U.S. Senate authorized the administration of President Barack Obama to use unspent funds crisis financial reserve of 700 billion dollars. It is about 350 billion U.S. dollars, which the U.S. President will be able to spend on maintaining the country's economy.
In early January 2009, the Democratic Party has proposed a plan to stimulate the U.S. economy, the financing of which will require 825 billion dollars. Under the proposed document, 275 billion dollars will be used to reduce taxes and 550 billion dollars will be used to implement other measures to combat the crisis.
Note that the Republican Party had a plan Democrats sharply criticized. According to Republicans, the proposed measures would cost the U.S. budget is too expensive. In response, the Republican Party on Jan. 23 proposed its own plan, the financial parameters of which have not yet been disclosed. That was reported by AFP.

No comments: