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stimulus package

The Obama backed $838 billion dollar stimulus bill is headed to the Senate for a final vote Wednesday, February 10, 2009 after advancing forward after a procedural hurdle on Monday. Though many of the opposition of the plan are Republican, its believed that President Obama’s stimulus package should pass on the Senate floor come Wednesday

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President Obama has already forewarned lawmakers and American people that a rapid response is needed to avoid an economic meltdown. Unemployment has already reached an all time high in since 1974. Unemployment claims rose to 626,000, the highest it has reached in a single month since 1982.

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