Senators have reached a tentative deal on a version of President Obama’s economic stimulus plan, including about $805 billion in spending and tax cuts, that will win enough Republican votes to move forward. source.

Sen. Tom Coburn, R-Okla., has highlighted many provisions he considers to be earmarks, including a $246 million tax break for Hollywood movie producers. It would allow large Hollywood studios the opportunity to choose between an existing tax break or write off 50 percent of the entire production cost for movies and TV shows made in 2009. It was in the bill when Gibbs made his statement but was removed Feb. 3 when Coburn passed an amendment 52-45 to remove it. source.

| |

To give the proposed economic stimulus plan some perspective, “if you started the day Jesus Christ was born and spent $1 million every day since then, you still wouldn’t have spent $1 trillion.” Mitch McConnell, Sunday, February 1st, 2009. source.

see more wasteful spending Stimulus.

Related Reading:

Spells to reduce debt and stop the outflow of money

Stop Creditors From Calling Instantly With This Legal LetterBeat those debt collectors

Thanks But No Thanks: The Voter's Guide to Sarah Palin (Get a Jump on 2012!)Who is Sarah Palin and what does she believe in? People around the country -- and indeed the world -- had more questions than answers when John McCain announced her selection as his running mate on August 29, 2008. Has any national political candidate ever emerged on the American political scene with less scrutiny than Alaska Governor Sarah Palin received prior to her selection?

Whether you believe Palin was nominated because of years of hard work in Alaska, as a result of a reckless decision by her "maverick" running mate, or because of the influence of the religious right, you probably want to know more about this remarkable political phenom.

Hours after John McCain shocked the nation by selecting Palin as his surprise Republican running mate, journalists, activists, and ordinary concerned citizens began to research and write about Palin's biography, public statements, and political background. The flood of information and commentary has been torrential.

For those who would like some help sorting through all the hype about Sarah Palin, Sue Katz's Thanks But No Thanks: The Voter's Guide to Sarah Palin is the perfect solution. Katz distills the overwhelming glut of information about Palin into a highly readable and fast-paced voter's guide about the woman who may be elected vice-president in 2008 and who could well serve as president one day. From Palin's days in Wasilla to her leap into Republican super-stardom, Katz helps you to better understand this intriguing candidate.

While remaining true to her own strong point of view, Sue Katz looks beyond the lipstick and the sound bites. Thanks But No Thanks synthesizes information and commentary from a wide range of sources so that readers of any political persuasion will find help in educating themselves about just who Sarah Palin is and what her election might mean for the country and the world.

This book is for voters who want to go beyond the usual campaign "puff piece" biographies and learn about Palin's known views on everything from community organizers to women's issues to the relationship of faith and politics. Thanks But No Thanks provides the reader with access to interesting voices from around America and the world, and they all have something insightful to say about Sarah Palin.

In addition, the publisher has included several valuable appendices that will serve as handy references for voters and debate-watchers: a year-by-year chronology of key events in Palin's life, a detailed history of Palin's performance in past elections, and the full text of her acceptance speech at the Republican National Convention.

About the Author

Author and teacher Sue Katz has published journalism and political commentary for many years and is the creator of the popular Sue Katz: Consenting Adult blog. Her passport shows more wear than Palin’s--she has lived and worked on three continents, teaching martial arts in her institutes in Israel, promoting global volunteerism while living in Europe, and writing, editing and teaching (from salsa to senior fitness) in the United States. A rebel with a newfound interest in electoral politics, Sue continues her lifelong commitment to social justice activism from her home outside Boston. She attended Boston University as an undergraduate and earned her master's degree from Tel Aviv University. Her second book, an edgy and unabashed look at the private behavior of boomers, is due in 2009.

About the Cover

The unique collage portrait of Sarah Palin was created expressly for the Thanks But No Thanks cover by artist Sandy Oppenheimer. Her well-deserved international reputation reflects this distinctive style, and her creations are as affordable as they are exceptional.

Think recovery: the economic stimulus act is one of the most complex bills ever passed. Here are some tips on how to understand the legislation.: An article from: State LegislaturesThis digital document is an article from State Legislatures, published by National Conference of State Legislatures on April 1, 2009. The length of the article is 1060 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.

Citation Details
Title: Think recovery: the economic stimulus act is one of the most complex bills ever passed. Here are some tips on how to understand the legislation.
Author: Carl Tubbesing
Publication: State Legislatures (Magazine/Journal)
Date: April 1, 2009
Publisher: National Conference of State Legislatures
Volume: 35 Issue: 4 Page: 32(2)

Distributed by Gale, a part of Cengage Learning

How To Stop Arguing About Debt & Spending By Fixing Your Finances Together