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To: combat_boots; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; genetic homophobe; ...
RE (from link highlights):” The single largest item in the bill is the single most stimulative form of government spending — the bill would extend unemployment insurance benefits until the end of November 2010, at a cost of about $40 billion.
The next largest item in the bill isn’t as directly stimulus related. It would extend a scheduled 21.2% cut in Medicare reimbursement to doctors until January 2012.”.
The third largest item is infrastructure spending to spur job creation, which totals more than $25 billion in the bill”.
Other stimulative provisions include small business tax credits, a new summer jobs program, tax cuts designed to help the middle class, expanded disaster relief programs, tax incentives to spur clean energy development, and much more. “ .
It would also close a corporate tax loophole that allows American companies to operate offshore without paying taxes to either the U.S. or the foreign country, and it would prevent some high-earning service professional from avoiding Social Security taxes by calling themselves an S corporation.

Direct link to full article:Stimulus II -- Big Vote Today, Here's What's in It -

11 posted on 05/27/2010 10:52:47 AM PDT by sickoflibs ( "It's not the taxes, the redistribution is the federal spending=tax delayed")
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To: sickoflibs; Admin Moderator

I see I missed the actual link, as posted in this thread. Admin Mod, would you please correct the URL I mentioned in the article title? Thanks.


14 posted on 05/27/2010 11:03:22 AM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spirito Sancto.)
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