
Economy stimuli plan, suggested by Obama, which considers the return of $500 to every citizen of America, to stimulate the economy, and to increase the cash flow in the market is the bill which is to be passed first by the American Parliament house. This bill will spread an amount of $825 billion amongst the citizens of America, is expected to increase the money spent by the Americans for the same amount.
This expansive and expensive bill is supposed to be brought down in front of the Parliament house by mid of February, and will clear easily looking at the majority that the Democrats have in the Parliament but considering the new kind of politics that Obama wants to show, he also considers the Republicans to follow the steps and support the bill.
This bill, considering the amount is the single largest bill ever passed by the house which the new President has been working from the very first day since he joined office, to jerk the country out of the 1 year old recession that he inherited from the former President.
The bill will go to the house in mid-February which is casted as the first step towards turning around the sleighing economy while planning for the long-term objectives.
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- Kshitij Aggarwal
- This is a story of a guy unknown. Living through the various facets in his early life, taught him more than he could take. Still he fight and still he strives and so he Lives..
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I must say soon you would be coming on some news channel and you will be introduced as "Welcome to the program 'Challenges in the era of slowdown',So we have with us today Mr. Kshitij Aggawal from DMS IIT Delhi. He is an expert on Indo US relations and Barack Obama"