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It remains unclear if the House will pass a large catch-all bill or several smaller bills. House leadership had been aiming to pass a bill, or bills, by the end of the year, though majority leader Steny Hoyer on Tuesday indicated that the timeline may slip. "The important thing...

Author: /time Magazine | Title: Congress Looks Toward a Jobs Stimulus | 12/3/2009 | See Source »

Many Americans, and surely most Republicans, may wonder how it is that Congress is crafting a new stimulus plan less than a year after it passed a $787 billion spending package. And it's not as if that effort has been deemed a failure, or even completely used, for that...

Author: /time Magazine | Title: Congress Looks Toward a Jobs Stimulus | 12/3/2009 | See Source »

Still, given that more than 3 million jobs have been lost since Obama took office - and in that time his approval ratings have plummeted - Congress feels more must be done. Indeed, the Congressional Black Caucus, upset that Main Street, and especially hard-hit black communities, has received little aid compared...

Author: /time Magazine | Title: Congress Looks Toward a Jobs Stimulus | 12/3/2009 | See Source »

Another factor driving the calls for a second stimulus is that nearly 90% of the original stimulus money targeted for infrastructure projects will have been spent by May, and the Highway Trust Fund could be running a shortfall in June, says House Transportation Committee chairman James Oberstar. "[It] means, unless...

Author: /time Magazine | Title: Congress Looks Toward a Jobs Stimulus | 12/3/2009 | See Source »

Of course, Congress is pretty busy right now, and not just with health care reform. There are still five of the 12 appropriations bills to pass this year as well as a much-dreaded but necessary measure to raise the federal debt ceiling to $13 trillion. With all these must...

Author: /time Magazine | Title: Congress Looks Toward a Jobs Stimulus | 12/3/2009 | See Source »

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