Senate Adopts Isakson, Cardin Stimulus Amendments

Senators have adopted two amendments to the economic stimulus package (S.1 / H.R.1) by Voice Vote:

  • Isakson – This amendment, offered by Senator Johnny Isakson (R-GA), would provide an up to $15,000 tax credit for those buying homes this year at a total cost of $18.5 billion. The New York Times has more on this amendment.
  • Cardin – This amendment, offered by Senator Ben Cardin (D-MD), would increase the availability of small business loans from $2 million to $5 million.
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