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Vote Switchers - From Tranche 1 to Tranche 2

January 22, 2009 - by Donny Shaw

In a symbolic vote yesterday afternoon, the House of Representatives voted against releasing the second $350 billion of financial bailout money for use by the Obama administration. The vote was symbolic-only for two reasons: (1) The Senate already voted last week to give Obama the funds, making it impossible for Congress to present Obama with a joint resolution of disapproval as spelled out in section 115 of the Emergency Economic Stabilization Act, and (2) even if they could jointly approve...

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House Dems Release Stimulus Summary

January 15, 2009 - by Donny Shaw

"House Democrats on Thursday unveiled an $825 billion economic recovery package, an expansive combination of spending and tax cuts that aims to put millions of unemployed Americans back to work and halt what is widely believed to be the nation’s worst recession since the Depression."

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