Second Stimulus plan in the works -, South Georgia News, Weather, Sports

Second Stimulus plan in the works

By Alicia Eakin - bio | email

October 16, 2008

VALDOSTA, GA (WALB) - The government just bailed out wall street. Now it's main streets turn for a little relief.

House democrats are now devising a second stimulus package, less then a year after the first round of stimulus checks went out.

It's details are in flux but it could include another check, tax credits and mortgage assistance.

While it may offer some temporary relief, Congressman Jack Kingston says leaders need to find new ideas with long term effects.

"I think we need to cut taxes and let the middle class keep more of their money so Washington can spend less of it. I think we also need to attack energy because if we can bring gas down to $2.00 a gallon then you've saved the middle class a lot of money," Kingston says.

The plan is still in the planning stages but could cost upwards of $150 billion dollars.

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