A Second Stimulus Package?
The votes have barely been tallied from Tuesday’s election and politicians are already rushing to heave more money into American’s sinking economic ship. California Democrat and Speaker of the House Nancy Pelosi is urging lawmakers to push through a second stimulus package in short order. Arguing economic conditions have deteriorated such that waiting until President-Elect Obama takes office in January would be unwise Pelosi floated a $60 to $100 billion relief package to be passed by the end of the month. According to the Wall Street Journal the Speaker believes tax cuts implemented by adjusting tax-withholding tables rather than more ...
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