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A Flawed Stimulus is Better than No Stimulus
A Flawed Stimulus is Better than No Stimulus
Claire McCaskill seems to be softening her line on the Senate stimulus deal. She Tweets “Just saw Krugman’s comments on reduction in recov act. Question for him. Would no stimulus act be better than one thats 800 B instead of 900.” And follows up “Compromise had to ...
What got cut from the stimulus bill
What got cut from the stimulus bill
cnn.com — Senators worked late into the night to trim billions from the original stimulus bill.... (more) What got cut from the stimulus bill
Senate “Moderates” Cut 1 1/4 Million Job from Stimulus Bill
Senate “Moderates” Cut 1 1/4 Million Job from Stimulus Bill
firedoglake.com — Great Depression Bread Line The bottom line on the changes demanded by "centrist" gang of four Senators... Collins, Specter, Lieberman and Nelson is that the compromise Senate bill will create about 728,143 fewer jobs less than the ... (more) Senate “Moderates” Cut 1 1/4 Million Job from Stimulus Bill
Obama's approval is high — but the stimulus isn't as popular
Obama's approval is high — but the stimulus isn't as popular
politicalticker.blogs.cnn.com — WASHINGTON (CNN) — A new national poll suggests that three out of four Americans approve of the... job Barack Obama's doing as President — but the economic stimulus package he's trying to push through Congress is not nearly as popular.  ... (more) Obama's approval is high — but the stimulus isn't as popular
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There is no filibuster
Some Guy With a Website by August J. Pollak - xoverboard.com — ... I understand Matt Yglesias' frustration, but what I don't understand is how you can suggest that the problem with Republican obstructionism can be fixed by eliminating a procedure that isn't used. ...

Improve, But Don't Destroy, The Filibuster
Open Left - Front Page — Over the past week, there has been grumbling among some Democrats and progressives that we should have let the Republicans destroy the filibuster back in 2005. Matthew Yglesias is an example of this, writing today that the recent difficulties with the stimulus package are yet another reason to get rid of the filibuster. ...

Should We Celebrate or Mourn?
The Mahablog — ... Futher, he says, this bill isn’t the only program in the works to stimulate the economy. Treasury secretary Tim Geithner is rolling out a plan today to get credit flowing and protect homeowners. Soon, the administration will present a proper budget, in which it can signal priorities about things like transport and the greening of the economy, which are multi-year projects in the best of circumstances. There’s also the view that a flawed stimulus is better than no stimulus.

Fat and muscle
Paul Krugman — Matthew Yglesias says most of what needs to be said here . Yesterday Claire McCaskill and others were talking about how great the centrists’ intervention was. Today Sen. McCaskill asks whether the Senate stimulus, as negotiated, is better than nothing. Yes, it is — and if it comes down to that choices, a yes vote is the right thing to do. But let’s not have any illusions about what just happened. The centrists went to work on a bill that, perhaps inevitably, was a mixture of economic muscle and useless fat; as the price of their support, they cut deeply into the muscle while ...

It's Good to have Some Progressive Voices on TV
Open Left - Front Page — ... conceding now, that these compromises were to get to the 60 votes  needed for cloture.  Sen. McCaskill did this in response to a self avowed liberal and Nobel Prize winning columnist, Paul Krugman. Whether this is what she really felt or thought at the time she was negotiating the changes with the White House and the few Republicans that are not crazy, we don't know. We don't know if it's a understanding that will continue. And for my purposes now, it's not relevant. http://yglesias.thinkprogress.... An early Valentine to Paul Krugman and Rachel Maddow in ...

Great Economic Thoughts
Dean's WorldFrom Matthew Yglesias, this gem: Hey, if we just expand government enough, soon everyone will have a job! Working for the government! Paying more taxes to create more government jobs with! It’s win-win-win! Eat your heart out, Maxine Waters. Matt’s view of rescinding the filibuster is pretty hilarious too, given that he called any restriction on it “abuse” back in 2004.

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Obama Stimulus: Less Than 25 Percent is Actually Stimulus
usnews.com 2/2/2009 — Most of the bill is "mystery meat." How it helps the economy anytime soon is a mystery.
Reichert on the "Stimulus"
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The Future Of The Stimulus
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State of the Stimulus
thecaucus.blogs.nytimes.com 2/13/2009 — A day of waiting turns into night. And perhaps into dawn for the full language of the stimulus bill.
The Future of the Stimulus
corner.nationalreview.com 2/2/2009 — Have spent some time today talking to Republican and Democratic members of the Senate, as well as political strategists, about what is coming with the stimulus bill. The first thing is that the Republican critique of the bill, as passed by the House, ...
The Mankiw Stimulus
yglesias.thinkprogress.org 2/12/2009 — As a blogger, I can’t help but respect the sheer impracticality of Greg Mankiw’s stimulus ideas : I would institute an immediate and permanent reduction in the payroll tax, financed by a gradual, permanent, and substantial increase ...
Instead of stimulus, do nothing – seriously
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Editorial: A Better Stimulus Bill
nytimes.com 2/10/2009 — President Obama is right that Congress needs to quickly pass a stimulus bill. But a bill that is merely better than nothing won’t be nearly good enough. >
Voting 'No' on Stimulus
online.wsj.com 1/28/2009 — JAMES FREEMAN President Obama's $825 billion (and counting) "stimulus" is steamrolling through Congress. One group of conservative Republicans is betting that it will only worsen the country's economic plight. That's where the House Republican Study ...
House in heated stimulus debate - Jan. 28, 2009
money.cnn.com 1/29/2009 — NEW YORK (CNNMoney.com) -- The House on Wednesday evening passed an $819 billion economic stimulus package Wednesday on a party-line vote, despite President Obama's efforts to achieve bipartisan support for the bill. The final vote was 244 to 188. No ...
Schumer says Senate, House will pass stimulus bill (AP)Yahoo! News: Politics News 2/8/2009
AP - A top Democratic senator predicts that an economic stimulus bill will pass Congress by the end of the coming week because the stakes are too high to let it fail.
Shelby: Republicans should start over on stimulus billCNN Political Ticker 2/8/2009
WASHINGTON (CNN) – Republican Sen. Richard Shelby of Alabama still isn’t happy with the stimulus bill even after hours of negotiating by centrist members of his own party in the Senate. Asked by CNN’s Chief National Correspondent John King whether the ...
Bailout Announcement Pushed Back to TuesdayNYT > Politics 2/8/2009
With Congress wrangling over the details of the stimulus package, the Treasury Department said it would delay the rollout of its plan to assist the nation’s troubled banking system. >
White House seeks final passage of rescue planReuters: Politics 2/9/2009
WASHINGTON (Reuters) - Top aides to President Barack Obama on Sunday urged Democratic and Republican lawmakers to set aside political differences and quickly approve a massive economic stimulus package this week.
Divisions Over the Competing Stimulus BillsNYT > Politics 2/8/2009
The House version of the stimulus bill emphasizes helping states and localities avoid wide-scale cuts, while the Senate plan focuses more on tax cuts. >