Good things in the stimulus

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Reid said that middle ground creates more jobs than original Senate bill, and spends less than the original House bill.

Collins on Wednesday provided details of some of the measures she expects to be in the final bill:

-- A homeowner tax credit significantly reduced from the Senate version of $15,000.

-- A tax credit, also reduced from the Senate version, for people who buy cars in 2009.

-- Funding to patch the alternative minimum tax, originally intended to target the wealthy but now hitting many middle-class families.

-- $90 billion of increased Medicaid match to states.

-- $150 billion for infrastructure, including $49.6 for transportation infrastructure.

Nelson confirmed that tax breaks for workers that had been set at $1,000 per family or $500 per individual would be scaled back to $800 per family and $400 per individual.

Multiple Democratic sources said 35% of the bill deals with tax cuts, 65% with spending.

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The best thing is probably the credit disintermediation being provided by the extension of the TALF. Up to $1.2T in financing for decent assets.

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If they ever actually start the fricker. They announced the first/original part in November.

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