House Democratic Leaders Eye Lame-Duck Stimulus Bill
Wednesday, Oct. 29, 2008
House Democratic leaders appear to be moving toward bringing a $100 billion
economic stimulus package to the floor during a lame-duck session the week
of Nov. 17, according to senior Democratic sources. Although details and
timing are being worked out, aides said a package in that price range was
discussed Tuesday, with leaders talking about including federal matching
funds for state Medicaid programs, an extension of unemployment benefits,
expanded food stamp spending and money for infrastructure projects. All were
part of the Democrats' effort to pass a second economic stimulus measure
earlier this year.
Senior sources said infrastructure spending discussions are focused on
alternative energy projects, the national electricity grid, expanding
broadband Internet access and creating "green" jobs. Rep. Anna Eshoo, D-Calif.,
proposed a number of steps to expand broadband access in a memo last week to
House Speaker Pelosi and Education and Labor Chairman George Miller, who
backed the concept in a committee hearing last week. According to a copy of
the memo obtained by CongressDaily, Eshoo proposed including tax incentives
for companies to expand infrastructure, a direct FCC spectrum auction
predicated on buyers promising to build broadband networks that could serve
95 percent of the country within 10 years or creation of a $5 billion
"broadband bonds" program modeled after a program used to expand the
nation's railroad system. (See related stories, pages 4,5).
Business interests continue to push for inclusion of programs to help small
businesses, the auto industry and mortgage-related matters. In written
testimony to the House Ways and Means Committee today, Rachelle Bernstein, a
vice president of the National Retail Federation, asked for inclusion of a
second round of tax rebate checks or other direct relief for consumers. But
leadership sources said that idea does not appear to have much support among
top Democrats or the Bush administration. With the Senate scheduled to come
back Nov. 17-21 for a lame-duck session, House consideration is hinging at
least partially on whether Democratic presidential nominee Sen. Barack Obama
of Illinois wins the election. The extent of Democratic wins in the House
and Senate remains a major factor. It is not clear whether President Bush
would sign off on a second package or tie its fate to other administration
priorities, such as the Colombia Free Trade Agreement.
by Christian Bourge, with Kasie Hunt contributing |