December 30, 2008
Posted: December 30th, 2008 06:52 PM ET
Stimulus push comes as consumer confidence drops to an all-time low.
NEW YORK (CNNMoney.com) - Democratic lawmakers want to pass a far-reaching bill to save the economy by Inauguration Day on Jan. 20. That's the goal. But the reality may be a little different. Enactment of an economic stimulus bill could be pushed into late January or early February, said Dan Clifton, a Washington-based analyst with the investment research firm Strategas Research Partners. The reason: The measure will be big and complex – exceeding $700 billion by some estimates. And getting buy-in from lawmakers angered about the mounting toll of government rescues might take more time than expected. Filed under: Congress stimulus package |
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