Stimulus Part Deux: Coming to Congress Near You

A second stimulus package may be in the works. Yesterday, CQ Politics reported that Senate Appropriations Chair Robert Byrd (D-WV) may announce on Thursday that his committee will markup another stimulus package. Today, CQ Politics is reporting that House Majority Leader Steny Hoyer (D-MD) is also considering such a package. "The need seems to be apparent," Hoyer told reporters after joining Speaker Nancy Pelosi , D-Calif., and other Democratic House leaders in a two-hour meeting with private-sector economists. "All the economists we talked to today indicated that additional action is needed," he added. Hoyer said the package would include elements already widely discussed — more infrastructure funding, heating assistance for low-income Americans, more money for food stamps and for state Medicaid programs. Pelosi said the proposal also could include another round of rebates for taxpayers, but she made no commitments.
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