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The stimulus bill

After much anxiety yesterday, details of the stimulus bill are beginning to emerge.

click here for the legislation as offered by the House Rules Committee. The first of two parts is 13.4 MB. Anyone think your friendly local Congressman is going to have time to read that thing before they vote today?

NCSL has some more information here, although a lot of it seems to be linked back to what's posted on Congressional websites at this point. The Ceneter on Budget and Policy Priorities has some analysis up.

As the Barkeep mentions, there are still open questions as to how this will affect North Carolina.

Although, I would argue that the "state stabilization" piece, while important, may not turn out to be important as the feds picking up an increased share of Medicaid costs. So much of North Carolina's budget gets plowed into health care programs for the poor that relief of that end of things makes other parts of the budget puzzle easier to fit together. The question is what kind of maintenance of effort caveats come with that Medicaid money and what they mean in practical terms.

Comments (1)

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Doug Johnson said:

You must have missed it. The liberals and Obama said they would put it on the internet 48 before any voting would take place on it.

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