The plan is called the American Recovery and Reinvestment Act. It is in response to the decline in employment in the US. There have been 600,000 jobs lost in January and since December of 2007 there have been 3.6 million lost. The unemployment rate is now 7.6 % and "about 14 % if you count the underemployed and people who have given up looking for work". Tax cuts make up 36 % of this plan. (These are facts, I believe, even if provided by a democratic congressman).
(Source: "Rebuilding America begins now" by Steve Rothman. The Record on February 18, 2009. Rothman represents the 9th CD in NJ).
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