Senate and House negotiators arrived at a compromise version of the Recovery and Reinvestment Act (“stimulus package”) tonight. I can’t get my hands on a final text, but I thought it might be useful to see where we started in this negotiation for funds going toward homeland security. Following is a breakdown comparison between the House and Senate versions of the bill as they pertain to HLS-related spending. Many thanks to the smart people at Wall Street Journal for scouring the two versions in their entirety. Dollars are in thousands:
Note the disparity between the two chambers. The House pushed for a paltry $1.1B while the Senate won a grand total of $4.69B for homeland security spending. We can argue the merits of whether or not any of these items actually “stimulate” an economy, but it does indicate a lop-sided emphasis between the House and Senate.