U.S. Army Captain Michael Kelvington, commander of the Battle company, 1-508 Parachute Infantry battalion, 4th Brigade Combat Team, 82nd Airborne Division, bows next to remains of Gulam Dostager, a member of Afghan Local Police who was killed in the blast of an Improvised Explosive Device (IED) during the joint Tor Janda (Black Flag in Pashtu) operation, in Zahri district of Kandahar province, southern Afghanistan May 25, 2012.  REUTERS/Shamil Zhumatov  (AFGHANISTAN - Tags: MILITARY CIVIL UNREST CONFLICT TPX IMAGES OF THE DAY)

Reuters Photojournalism

Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography.  See more | Photo caption 

Members of the U.S. Navy Blue Angels fly over the World Trade Center in lower Manhattan as part of the 25th annual Fleet Week celebration in New York, May 23, 2012.  REUTERS/Eduardo Munoz (UNITED STATES - Tags: MILITARY ANNIVERSARY TPX IMAGES OF THE DAY)

Fleet Week

The U.S. Navy takes Manhattan for a week.  Slideshow 

Photo

The SpaceX mission

A privately owned unmanned rocket blasts off on a mission to be the first commercial flight to the International Space Station.  Slideshow 

FACTBOX: Economic stimulus bill moves through Congress

Related Topics

Fri Jan 23, 2009 1:36pm EST

(Reuters) - A massive economic stimulus bill is winding its way through the Congress pushed by Democratic leaders who want to present President Barack Obama with legislation he can sign by mid-February.

Here is the status of the $825 billion bill, which aims to jump-start an economy in recession since December, 2007:

APPROVED IN HOUSE COMMITTEES:

* $358 billion: The House Appropriations Committee approved the major spending portion of the package -- $358 billion in spending to rebuild roads, bridges, waterways, energy grids and other job-creating construction projects. It also would boost federal investment in education and expand food aid programs. No Republican on the panel voted for the bill.

* $367 billion: The House Ways and Means Committee approved a second part of the stimulus bill. The $367 billion includes (figures rounded up):

- $275 billion in temporary tax cuts for workers, tax incentives to produce renewable energy, and breaks for builders and other companies that would be allowed to write off current losses against five previous tax years.

- $48 billion to help unemployed people keep their health insurance and to invest in health information technology.

- $46 billion for expanded unemployment benefits and aid to needy families and child support.

This measure also was approved on a partisan vote.

* $100 billion: The House Energy and Commerce Committee approved a third component that includes money to improve broadband Internet access, invest more in clean energy and energy efficiency. It also has about $87 billion to help states pay increasing Medicaid health insurance costs for the poor.

STILL TO COME:

* House Republican leaders say they will provide a detailed stimulus proposal of their own. They have sketched out tax cuts for workers and new tax deductions for small businesses. In general, they want more emphasis on tax cuts to stimulate the economy and less government spending.

* A vote by the full House to pass the Democratic bill could come as early as Wednesday.

* Senate committees are expected to meet next week to debate and vote on their versions of the stimulus bill. Like the House measure, their bill also will propose $275 billion in temporary tax cuts.

* Senate Majority Leader Harry Reid said debate by the full Senate on a bill could be held on January 31 or February 1.

* House and Senate negotiators would then meet to work out differences in their respective bills.

* Democrats hope final votes on one bill would be held by mid-February, with Obama signing it into law promptly.

(Compiled by Richard Cowan, edited by Anthony Boadle)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.