What's in Obama's stimulus plan
September 8th, 2011
10:08 PM ET
3 years ago

What's in Obama's stimulus plan

New York (CNNMoney) – President Obama unveiled a stimulus plan Thursday night that he says will boost hiring and provide a jolt to the stalled economy if it becomes law.

A mix of $253 billion in tax cuts and $194 billion in new spending, the total bill for the plan is $447 billion. Given staunch Republican opposition to most new spending, the measure has almost no chance of passing the House in its current form.

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Filed under: CNNMoney.com • Congress • Jobs • President Obama