Stimulus Expected on House Floor Friday
Speaker Nancy Pelosi (D-Calif.) said Thursday to expect an economic stimulus package on the floor Friday and said it might need a little more than the floated price tag of $50 billion.
She said the bill will have a strong emphasis on infrastructure spending. The package will probably include unemployment insurance, state Medicaid assistance and food stamps.
Pelosi is scheduled to meet with President Bush this afternoon to discuss the $700 billion rescue package for the financial sector. During that meeting, the Speaker said she hopes to get a sign from the president that he will support a stimulus package.
Minority Leader John Boehner (R-Ohio) rejected Pelosis talk of a last-minute stimulus package as politics as usual.
I just dont think that the majority is very serious about this, Boehner said, noting that Democrats have talked about a stimulus package for months but might only bring it up right before Congress leaves town.
Boehner said, as he has repeatedly, that the best economic stimulus would be the Republican Partys energy plan.