Just 3 Republicans vote for stimulus

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Canceled2

Banned
President Barack Obama's economic recovery plan has passed the Senate and is on its way to difficult House-Senate negotiations.

Just three Republicans helped pass the plan on a 61-37 vote and they're already signaling they'll play hardball to preserve more than $108 billion in spending cuts made last week in Senate dealmaking. Obama wants to restore cuts in funds for school construction jobs and help for cash-starved states.

Those cuts are among the major differences between the $819 billion House version of Obama's plan and a Senate bill costing $838 billion. Obama has warned of a deepening economic crisis if Congress fails to act. He wants a bill completed by the weekend.

See here
 
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I think the final vote will be different 61-37 was the vote on cloture. They have yet to vote on the actual package, first they have to negotiate out the differences between the House and the Senate.
 
uscitizen said:
I see funds for cash starved states as a basic need.
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If that's not in the final bill then the entire excersise is bullshit and will be exactly as I predicted it would be .. hardly recognized as a bill that came from a popular democratic president with a majority in Congress.

It will prove that republicans are more powerful in the minority than democrats in the majority.
 
blackascoal said:
If that's not in the final bill then the entire excersise is bullshit and will be exactly as I predicted it would be .. hardly recognized as a bill that came from a popular democratic president with a majority in Congress.

It will prove that republicans are more powerful in the minority than democrats in the majority.
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You're so damned dramatic.
 
Damocles said:
I think the final vote will be different 61-37 was the vote on cloture. They have yet to vote on the actual package, first they have to negotiate out the differences between the House and the Senate.
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Forcing, and or keeping out whatever entitlement and unregulated spending i.e. state funds, is the ball in play at this point. Punted back to the house.
 
blackascoal said:
If that's not in the final bill then the entire excersise is bullshit and will be exactly as I predicted it would be .. hardly recognized as a bill that came from a popular democratic president with a majority in Congress.

It will prove that republicans are more powerful in the minority than democrats in the majority.
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imho it will prove that more dems are in the pockets of corps than most think.
 
Ice Dancer said:
President Barack Obama's economic recovery plan has passed the Senate and is on its way to difficult House-Senate negotiations.

Just three Republicans helped pass the plan on a 61-37 vote and they're already signaling they'll play hardball to preserve more than $108 billion in spending cuts made last week in Senate dealmaking. Obama wants to restore cuts in funds for school construction jobs and help for cash-starved states.

Those cuts are among the major differences between the $819 billion House version of Obama's plan and a Senate bill costing $838 billion. Obama has warned of a deepening economic crisis if Congress fails to act. He wants a bill completed by the weekend.

See here
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I'm sure republican fortunes are just soaring in those cash-starved states .. which is about all of them.

Brilliant strategy and explains why republicans are so cherished and popular.
 
uscitizen said:
Because they are working to cut out direct to people benefits and routing more thru corps. under the guise of bipartisanship of course.
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Then why would it be in there in the first place? The fact of the matter is that there is a "cult of centrism" that views doing anything that the liberals don't want as the be all and end all greatest thing in the history of the world no matter how brain-dead it is, like cutting some of the aid to states. Now, of course there are Democrats among this group, most notably Lieberman and Ben Nelson, but they are the exception to the rule. They run around so proud of their "centrist" credentials giving themselves big pats on the back and saying things like this:

LIEBERMAN: And therefore, I think our three Republican colleagues — Olympia, Susan Collins, and Arlen Specter — are really the heroes in this for making a stimulus possible. […]

Again, I really can’t say enough about Olympia Snowe and the other two Republicans who really deserve the Congressional Medal of Honor on this one. They’ve put national interests ahead of what most members of their party were doing, and as a result, we’re going to get a stimulus bill that’s going to help the American people hold their jobs, create new ones, and get our economy moving again.
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It's not a great bill but it is better than none at all. And the votes of the brain-dead centrists were needed regardless of whether their dumbass cuts made any practical sense at all.


Edit: How is the money routed through corps? It just plain got cut.
 
blackascoal said:
I'm sure republican fortunes are just soaring in those cash-starved states .. which is about all of them.

Brilliant strategy and explains why republicans are so cherished and popular.
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I'm sure empty rhetoric offers nothing of value to a discussion.

Handing states a blank check is not fiscally responsible. A number of states have caused most if not all the harm to their budgets. Why is it that spending freezes are not taking place? What happended to Obama's promise of a scalple to spending as a part of any kind of stimulus?
 
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Ice Dancer said:
I'm sure empty rhetoric offers nothing of value to a discussion.

Handing states a blank check is not fiscally responsible. A number of states have caused most if not all the harm to their budgets. Why is it that spending freezes are taking place? What happended to Obama's promise of a scalple to spending as a part of any kind of stimulus?
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Ugh. Here:

Feb. 10 (Bloomberg) -- Economists who support legislation to stimulate growth say the version passed in the House of Representatives would create at least half a million more jobs than the bill the Senate votes on today.

The key difference: The Senate version provides less money than the House measure for public works and aid to state and local governments. While the two measures have similar price tags, the Senate’s includes bigger tax cuts and adds tax breaks for auto and home buyers, part of a compromise to win some Republican votes.

“The House bill will create more jobs and a stronger economy than the Senate bill,” said Mark Zandi, chief economist at Moody’s Economy.com, who was a campaign adviser to Republican presidential candidate John McCain. Zandi estimates that the $838 billion Senate package would create about 625,000 fewer jobs than the $819 billion House version over the next two years.

The U.S. economy has lost 3.5 million jobs since the beginning of the recession in December 2007. President Barack Obama has pledged to save or create as many as 4 million jobs over two years through stimulus and other economic measures.

The U.S. faces a “full-blown crisis,” Obama said at a press conference late yesterday. “We can’t depend on government alone to create jobs or economic growth,” he said. “But at this particular moment, with the private sector so weakened by this recession, the federal government is the only entity left with the resources to jolt our economy back into life.”

Senate Version

The Senate plan was hammered out last week between Democrats and moderate Republicans. While providing more generous tax breaks than the House version, the Senate agreement pared $40 billion targeted at helping state and city governments avoid layoffs, $19.5 billion for school construction, $7 billion for health care and about $1 billion for early education programs.

Excising or reducing funds to those programs significantly blunts the stimulative effects of the Senate package, economists say.

“The things that have been cut in the Senate compromise are some of the best job creating provisions in the House bill,” said Ross Eisenbrey, vice president of the Economic Policy Institute, a Washington-based research organization affiliated with organized labor. “It’s clear that the House bill is better.”
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http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=aiT9G38uiOG8
 
Darla said:
Yes, and also that was the federal budget that obama spoke about taking a scalpel to, in a line-by-line review, not the stimulus.
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That's right dardar, but as part of an economic recovery plan he promised a scalple. Immediate spending freezes are stimulus when coupled with tax cuts and spending designed at creating jobs not to bloat entitlement programs. :)
 
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