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It is also a strikingly hypocritical one: Republicans mostly opposed the numerous cost control programmes created by the healthcare reform and stimulus laws.
Temporary exclusion of 100 percent of gain on certain small-business stock: This provision, an incentive to invest in small companies by making the capital gains tax-free, is yet another creature of recent stimulus laws that has been expanded over the last few years, and like the others, it also expired at the end of last year.
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The argument starts with the 2009 stimulus law.
At issue are four measures from the stimulus law.
Mr. Biden said that the stimulus law was not a "single silver bullet" but rather "silver buckshot".
By contrast, the $787 billion stimulus law contains only $8.4 billion for transit capital improvements across the nation.
The stimulus law's emergency relief expires, however, at the end of the year.
He criticized the stimulus law, saying: "It's filled with social policy and costs too much.
The stimulus law requires that all the money in the program be allocated by Sept. 30.
In fact, the percentage fell a bit after 2008 when the stimulus law went into effect.
Mr. Rendell said the 2009 stimulus law had been highly effective.
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