Economic Stimulus Legislation Update
Senate moderates worked late into Thursday night looking for a compromise that would scale back the economic stimulus bill (H.R. 1) towards the $800 billion mark. A few Democratic moderates were convinced last night that they were inching closer to a deal that would win support from a small group of Republicans and perhaps give the package enough votes to pass.
House and Senate leaders would like to begin conference negotiations on the package early next week with the goal of getting a final product to President Obama by the end of next week.
BIAA has signed on to several coalition letters related to this stimulus legislation, including a letter supporting the inclusion of public health provisions in the bill. The goal of this coalition letter, spearheaded by the Trust for America’s Health, is to show a broad base of support for the inclusion of wellness and public prevention provisions in the final bill.