Wednesday, February 18, 2009

STIMULIS PACKAGE ANSWERS PART 1

1. The stimulus package is a type of agreement to collect a sum of money to better help the economy. Such as schools and other funding. Without this package most likely prices will increase greatly . Also the recessional state were already in will become a depression.

2. One argument that was stated in the debate was that the money that is needed is too much. Obama's answer was that the sum of money should be large to counter the money that will be taken . Another argument was that the people need tax cuts. Obama's answer was that the taxes were going to be some of the money in the stimulus package

3. For the stimulus package the sum of the money will be up to 800 million dollars . As I previously stated in the last answer the money will come from taxes and other funding . Also the schools community services and other places that are necessary to the economy will receive the money .

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