Tuesday, May 25, 2010

Obama Administration Calls For Second Stimulus #Tier 5 #Unemployment



By Matt Theal | May 25, 2010 8:30 am

As the stock market begins to show signs of the bear, policy makers look to a new $200 billion stimulus package.

“His plan calls for more loans made to small businesses, an extension of unemployment insurance, and aid to states to prevent teacher layoffs. The announcement is expected to be met by resistance in Washington as right now Congress is looking for ways to cut spending, not increase it.”
This blogger is waiting for more news sources to cover this story and a full article will be posted.  A second stimulus is being requested from an Obama Administration official and we should take this news cautiously optimistic.  We do not yet have the full details or a bill to reference.  This is just raw information as it comes in for readers to stay informed.
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