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Pelosi Calls Cuts to Stimulus Bill 'Very Damaging'
House Democrats cling to programs they want to see financed in the stimulus package.
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
Senate Republicans and the Stimulus: Playing Politics When the Economy Burns
Senate Republicans and the Stimulus: Playing Politics When the Economy Burns
tpmcafe.talkingpointsmemo.com — Tomorrow's job report is likely to be awful. January's job losses could easily top half a million.... We're deep into the most vicious of economic cycles: Consumers are slashing their spending because they're perilously in debt and worried about keeping ... (more) Senate Republicans and the Stimulus: Playing Politics ...
A Flawed Stimulus is Better than No Stimulus
A Flawed Stimulus is Better than No Stimulus
yglesias.thinkprogress.org — 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.” ... (more) A Flawed Stimulus is Better than No Stimulus
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Friday's Mini-Report
Political Animal — ... good day on Wall Street . Apparently, investors have more confidence in the Senate than I do. * Speaking of Wall Street, they appear to owe us about $78 billion . * President Obama will hit the road next week, traveling to Indiana and Florida in support of his economic stimulus package. * The Supreme Court's next session begins in two weeks, and Justice Ruth Bader Ginsburg plans to be there . * Chart of the day . * Speaker Pelosi is not at all pleased with some of the Senate's cuts to the stimulus bill. I don't blame her. * Obama " ...

Hullabaloo — ... Once the expected Senate passage is completed, the bill will move to a conference committee with the House of Representatives, whose leader, Speaker Nancy Pelosi, called the new package "very damaging" and said she was very much opposed to the cuts. House Majority Whip Jim Clyburn was quoted as saying, "I don't think much of what the Senate is doing." In response, Presidents Collins and Nelson retorted, "Who died and elected them President?" ...

Will Children Be Casualties Of The Stimulus “Compromise”?
Firedoglake — ... Children don't vote.  Which means that programs which benefit them far too often end up on the funding chopping block.   So who will pushback on their behalf for the upcoming conference negotiations on this bill? I know I will be. And I hope you will, too.  Why?  Because without a public push, the likelihood of any of this funding being restored is nil -- and the most vulnerable members of our society will be shoved aside.  Again.  At a time when their need is increasingly desperate.   Unacceptable. Some ammunition for calls ...

Al Giordano: Speaker Pelosi: Here's $50 Billion to Restore to the Stimulus in Conference
Politics on HuffingtonPost.com — ... Now the bill goes to House-Senate conference. House Speaker Nancy Pelosi has called the changes made in the Senate version "very damaging." US Rep. David Obey (D-WI) will be her point man on the conference. ...

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This is More Like It
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WASHINGTON (Reuters) - Senate Majority Leader Harry Reid said on Friday that if lawmakers do not vote on a compromise economic stimulus package later in the evening, they would in the next day or so.