Economic Stimulus

The United States legislature passed the Economic Stimulus Bill the plan that consists of putting seven hundred and eighty seven billion dollars into the American economy. The only way for the bill to be passed is if three Republican Senators vote to approve the plan. The Senate is very much relying on the Senators to have the bill passed because they are sure the plan will boost the economy. The plan includes funds to boost the economy and a way to create more jobs for Americans. President Bush had created a similar plan for the economy although his plan was a third of the size as this new package. President Obama states this plan will create three and a half million jobs for workers. This new plan is like Franklin D. Roosevelt's New Deal during the Great Depression but has been much more revised with no or very few errors. The Stimulus is going to create taxes but middle-class Americans should be safe and the taxes are intended for the very wealthy citizens in this country. The Republicans are weary of the plan because of the great rush that was put into preparing the bill. The Republicans are also stating that the bill could raise taxes because we are spending a great deal of money and the government has already helped banks and the auto industry.
This article is very interesting to read if you want to be kept up to date on the economy and what our government is doing to help the situation. If you get a chance look at the article in the Wall Street Journal.