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RIJIMMY · 08-10-2010, 02:46 PM

How much can we afford to keep paying out? Where the hell are Obamas SOLUTIONS that dont require more and more payouts??
This is really ridiculous.

House gives needy states $26 billion for Medicaid, teachers
By Tami Luhby, senior writerAugust 10, 2010: 3:34 PM ET

NEW YORK (CNNMoney.com) -- Cash-strapped states are one signature away from getting $26 billion in federal funds to shore up their budgets.

The House voted 247-161 Tuesday, with support from the Democrats and overwhelming rejection from the Republicans, to send $16.1 billion in additional Medicaid money and $10 billion to prevent layoffs of teachers and first responders. In an unusual move, representatives returned from their August recess to approve the measure.

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Here's how much each state could receive in federal assistance from the $26 billion Medicaid and education jobs bill. More President Obama, who urged lawmakers to pass the bill, is expected to sign it Tuesday night.

Speaking from the Rose Garden earlier Tuesday, the President said the bill will "save hundreds of thousands of additional jobs in the coming year." He added that it will not add to the nation's deficit since it "is fully paid for, in part by closing tax loopholes that encourage corporations to ship American jobs overseas."

08-10-2010, 02:46 PM	#1
RIJIMMY sick of bluefish iTrader: (1) Join Date: Aug 2003 Location: TEXAS Posts: 8,672	whens it going to stop How much can we afford to keep paying out? Where the hell are Obamas SOLUTIONS that dont require more and more payouts?? This is really ridiculous. House gives needy states $26 billion for Medicaid, teachers By Tami Luhby, senior writerAugust 10, 2010: 3:34 PM ET NEW YORK (CNNMoney.com) -- Cash-strapped states are one signature away from getting $26 billion in federal funds to shore up their budgets. The House voted 247-161 Tuesday, with support from the Democrats and overwhelming rejection from the Republicans, to send $16.1 billion in additional Medicaid money and $10 billion to prevent layoffs of teachers and first responders. In an unusual move, representatives returned from their August recess to approve the measure. 0 diggs diggEmail Print CommentFiscal relief for states Here's how much each state could receive in federal assistance from the $26 billion Medicaid and education jobs bill. More President Obama, who urged lawmakers to pass the bill, is expected to sign it Tuesday night. Speaking from the Rose Garden earlier Tuesday, the President said the bill will "save hundreds of thousands of additional jobs in the coming year." He added that it will not add to the nation's deficit since it "is fully paid for, in part by closing tax loopholes that encourage corporations to ship American jobs overseas."
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