After watching the economy swing toward recovery then sputter then grind to a halt, the Obama administration is reportedly — finally — drafting a new legislative proposal meant to spur job growth, two months before the midterm elections in November. None dare call it stimulus, but the package, according to The Washington Post, will be designed to appeal to Republicans. It could include a payroll-tax holiday and an extension of the recently expired research-and-development tax credit, and could cost hundreds of billions of dollars.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=121759