DRTED SUPPORTS THE PROPOSED BAILOUT(This program is corporate welfare, which I strongly abhor but it does help struggling families in Kentucky and America. Before forming a final opinion on the proposed bailout,please read the following articles below)

These articles are from the progressive think tank, the Center for Budget and Policy Priorities. The tentative agreement reached on Sunday contains many of the features of the original House package.  This is one of the best think tanks on economic matters in the USA.  Both articles are posted with permission from the Center.)

KEY COMPONENTS OF HOUSE AND SENATE ECONOMIC RECOVERY PACKAGES WOULD BOOST THE ECONOMY AND PROVIDE NEEDED RELIEF TO STRUGGLING FAMILIES By Sharon Parrott, Chad Stone, Edwin Park, Dottie Rosenbaum "Congress is properly focused on designing an appropriate measure to address very serious problems in the financial markets.... [However,] resolving the credit market problems does not obviate the case for a second round of stimulus legislation that would provide an important boost to economic growth. [Both the House and Senate have introduced proposals that] include three provisions that experts rate highly for their positive impact on the economy and that direct help to those struggling the most: 1) additional weeks of unemployment benefits, 2) a temporary boost in food stamp benefits, and 3) resources for states that are struggling amidst falling revenues and rising costs." Full Report: http://www.cbpp.org/9-26-08bud.htm http://www.cbpp.org/9-26-08bud.pdf 8pp. STATE-BY-STATE DATA: Unemployed Workers Exhausting Jobless Benefits: http://www.cbpp.org/9-26-08bud-table-ui.pdf House and Senate Plans for Fiscal Relief to States: http://www.cbpp.org/9-26-08bud-table-sfp.pdf Food Stamp Increases: House Proposal: http://www.cbpp.org/9-26-08bud-table-fa-hous.pdf Senate Proposal: http://www.cbpp.org/9-26-08bud-table-fa-senate.pdf        HOUSE STIMULUS PLAN EFFECTIVELY TARGETS FISCAL RELIEF TO               STATES           By Iris J. Lav, Jason Levitis, and Edwin Park "The House Leadership's new stimulus proposal includes more than $14 billion in fiscal relief for states....It divides states into three levels of assistance, based on three measures of state economic conditions:...1) changes in the level of employment in a state, which affects income and sales tax revenues; 2) increases in housing foreclosures, which affects sales and property tax revenues; and 3) increases in the number of residents in poverty, as measured by increases in food stamp participation." Full Report (w/state data): http://www.cbpp.org/9-26-08sfp.htm http://www.cbpp.org/9-26-08sfp.pdf  10pp.