Saturday, January 24, 2009

The Bailout Xmas Tree fills with Ornaments


WASHINGTON – Senior citizens receiving Social Security would get a bonus payment of $300 under the Senate version of President Barack Obama's economic recovery plan.

The $820 billion Senate measure includes tax cuts and spending proposals totaling $455 billion under the plan released Friday by Finance Committee Chairman Max Baucus, D-Mont., in anticipation of a panel vote on Tuesday. That $455 billion measure will be paired on the Senate floor with about $365 billion in further spending proposed by the Appropriations Committee.