Dems wonder: Is the stimulus enough?
From NBC's Carrie Dann While House Republicans are aghast at the itemized price tag on the stimulus provisions that thudded onto their desks this morning, Democrats are warning that the $825 stimulus package may not be enough to save the economy. "This product in fact may undershoot the mark," said House Appropriations Chairman Dave Obey today, adding that the country's economic woes "could get much more serious very, very fast."
In an off-camera briefing with reporters today, the sleep-deprived chairman laid out the provisions of the package, warning that, despite being "the largest effort by any legislative body on the planet to try to take government action to prevent economic catastrophe," the big-buck bill doesn't mean "salvation" and may need an additional boost further down the road. Even with the stimulus passed, he warned, unemployment in two years could be two full points above than the current rate.
Democratic leaders aim to take the bill to the House floor by ...
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