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US House approves A NEW $155 Billion Jobs Bill

December 16th, 2009 Jericho Leave a comment Go to comments

Ponzi scheme, anyone?

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From Reuters

WASHINGTON, Dec 16 (Reuters) – The U.S. House of Representatives on Wednesday approved a $155 billion measure that seeks to create jobs and blunt the impact of the worst recession since the 1930s.

By a vote of 217 to 212, the House approved additional spending for “shovel-ready” construction projects and money to avoid layoffs of teachers, police and other public employees.

The Senate is expected to consider the measure early next year.

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