“In testimony before the House Budget Committee hearing on Economic Recovery: Options and Challenges, Martin Baily, Martin Neil Baily, Brookings Senior Fellow, Economic Studies, says we need a second fiscal stimulus package to avoid a deep recession. He advocates for an immediate infusion of $200 billion, with a second $100 billion released if unemployment hits 7.5 percent. The package should include help for homeowners, tax rebates for families and aid to states and localities.”