Thursday, February 12, 2009

American Recovery and Reinvestment Act of 2009 Update

From the Associated Press: "Reluctant to call it quits, key lawmakers bargained into overtime Thursday on the $790 billion economic stimulus legislation before reaching final agreement more than 24 hours after first announcing a deal. Lingering controversy over school-modernization money and a scaled-back tax break for businesses forced a delay in final votes on the legislation. But by nightfall, with Democratic leaders eager for final passage by the weekend, all issues were reported settled."

The House Rules Committee website has the text of the conference report that hammers out the compromise between the House and Senate versions of H.R. 1, The American Recovery and Reinvestment Act of 2009. The website includes explanatory statements (Division A, Division B) that make the many provisions in the bill more clear.

The history of the bill up to (but not yet including) the conference report can be found through THOMAS.

Source: Associated Press (12 February 2009). "Lawmakers say all issues settled in stimulus bill: Dispute over school construction settled, vote expected in House Friday." MSNBC.com.

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