President Obama’s economic stimulus plan passed with no Republican support in the House. I can’t decide whether this is bad for Obama, or bad for House Republicans. Given the president’s popularity, I’m guessing the latter.
Here are some reactions from Connecticut House members:
“Every sector of our economy feels the ill of this recession, no industry public or private is immune from this crisis. […] The road to economic recovery will be a long one, but the American Recovery and Reinvestment Act is an ‘all hands on deck’ plan that will spur the creation of millions of meaningful new jobs and build a more competitive workforce for the future.”
“The need in Connecticut for this bold legislation cannot be understated. This is an opportunity to stem the bleeding in our economy, and lay a foundation for future growth, by investing in transportation projects, school improvement, energy efficiency, and tax breaks for families,” said Murphy.
Murphy released the following Connecticut specific numbers from the American Recovery and Reinvestment Act:
Connecticut Numbers at a Glance:
1.2 million Connecticut taxpayers can benefit from the Make Work Pay tax cut, at $500 per person, and $1,000 per couple. Connecticut could receive more than $1.2 billion over the next nine quarters to help states fulfill Medicaid needs. Connecticut could benefit from approximately $584 million for infrastructure investments, with 75% spent in the first 18 months. School districts in Connecticut’s Fifth Congressional District could receive more than $75 million over the next two years. For a district by district breakdown, visit http://edlabor.house.gov/documents/111/pdf/publications/CONNECTICUT2009Stimulus.pdf.
Connecticut’s entire delegation in the House supported the bill.