Friday, January 16, 2009

Today's Fly Or Die Commerce Report: Obama's Stimulus Package Revealed

Obama and the Democrats have unveiled the details of an $825 billion stimulus package that they hope will revitalize the economy.

The economic plan covers 2 years. According to The Wall Street Journal, it "would be one of the largest single government expenditures in U.S. history" if passed into law. [SIDEBAR: I'm not too sure about that statement. America is probably spending much more on this dead-end war we're currently engaged in.]

The Wall Street Journal states that the plan earmarks: "$79 billion to help States avoid cutbacks in education and other services," and "$43 billion for transportation improvements."

If the Senate decides to support the stimulus package as is, the effect of the economic shot-in-the-are will likely boost the U.S. Economy later this year, and into 2010.

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