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NY's Share of $825 Billion Recovery Act

Tuesday, January 27, 2009

Congress is racing to pass "The American Recovery and Reinvestment Act of 2009" by President's Day. The House of Representatives is scheduled to vote on the bill tomorrow while Senate committees started reviewing their version today. Now pegged at $825 billion, the measure is supposed to provide tax breaks, bail out state budgets and create three million jobs. Matthew Schuerman discusses what New York can expect to receive as a result of the act.

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