Obama's economic team considering new stimulus package

[SPedigrees]

With the recovery faltering less than two months before the November congressional elections, President Obama's economic team is considering another big dose of stimulus in the form of tax breaks for businesses -- potentially worth hundreds of billions of dollars, according to two people familiar with the talks. Among the options are a temporary payroll tax holiday and a permanent extension of the research and development tax credit, say people familiar with the talks.

http://tinyurl.com/283t9q9

(http://www.washingtonpost.com/wp-dyn/content/article/2010/09/02/AR2010090204235.html)

It's probably too much to hope for, but wouldn't it be nice if these tax breaks would be contingent on new jobs created by these business recipients?

[Donnachaidh]

1. IIRC, the tax breaks ARE supposed to be linked to job creation

I'm sure I've heard this discussed (having a brainfart and can't remember WHERE I heard it), but that was how it was presented.

[SPedigrees]

2. Thank you. I hope your memory is correct. nt