Here’s the details and Here’s the political backstory. (And here’s Krugman’s take.)
Now, here’s the backstory on the backstory:
Shrub on ropes seeking to extend legacy.
Rust Belt House Minority Leader Boehner represents a battered economic area.
Congressional Democrats still surrender.
Speaker Nancy Pelosi, D-Calif., agreed to drop increases in food stamp and unemployment benefits during a Wednesday meeting in exchange for gaining the rebates of at least $300 for almost everyone earning a paycheck, including those who make too little to pay income taxes.
Plus…
The package also includes close to $50 billion in business tax cuts.
A little gift for GOP big biz.
Film at 10.