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Stimulus uncertainty: How fast will the impact be?
Stimulus uncertainty: How fast will the impact be?
Obama wants to spend $550 billion and cut taxes by $275 billion to jump-start the economy. The White House says 75% of it will go out this fiscal year or next, but a report from the Congressional Budget Office (CBO) puts the figure at 64%. More than half the money allocated for state grants, ...
House Passes $819B Stimulus Package - Presidential Politics | Political News
foxnews.com — The House of Representatives approved an $819 billion economic stimulus package Wednesday that President Obama has said... is necessary to revive the economy. The final vote was 244-188, mostly along party lines as expected. The legislation includes an ... (more) House Passes $819B Stimulus Package - Presidential ...
Not So Fast: GOP Might Back Stimulus Bill With Changes
huffingtonpost.com — Republicans are still open to supporting a stimulus package in the House, a GOP leadership aide tells... the Huffington Post, despite reports that they will oppose it. Reports by Politico and the AP that Minority Leader John Boehner (R-Ohio) and ... (more) Not So Fast: GOP Might Back Stimulus Bill With Changes
Partisan Barbs Follow House Stimulus Vote
thecaucus.blogs.nytimes.com — So much for that spirit of unity on the Mall last week.... (more) Partisan Barbs Follow House Stimulus Vote
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Would Love to, But Prevented
Talking Points Memo — Not paragraphs we can believe in -- from Richard Wolf's article in USAToday ... The pace of spending as well as the package's size has made it difficult for Republicans to support Obama on his first legislative effort. They complain that the package includes too much spending, not enough tax cuts and not enough jobs. On a more constructive note, it was pleasantly shocking to see this article in the Post which shows that there are actually critiques of the Stimulus Bill that don't come from craven right-wing freaks of ...

Rep. Obey: ‘We Have An Obligation To Salvage As Many Jobs As We Can’
Wonk Room — Conservatives have been selecting one small provision after another to justify their opposition to the proposed economic stimulus package; one of the latest is a measure sending $50 million to the National Endowment for the Arts. On the House floor today, Rep. David Obey (D-WI) defended the provision. He noted that it represents a small sliver of the stimulus, which will keep local organizations and artists working, and that “we have an obligation to salvage as many jobs as we can” regardless of field: People ...

Should Environmental Laws be Waived to Expedite Stimulus Spending?
TPM Election Central — ... Much of the debate over the potential effectiveness of Congress' economic stimulus bill centers on how quickly the $800-billion-plus can be spent. ...

A Confluence of Outrages
Comments from Left Field — ... and resodding the National Mall would do nothing to stimulate the economy, they are now deriding the part of the bill aimed at the ...

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fivethirtyeight.com 1/29/2009 — The House version of the $819 billion stimulus bill just passed 244-188. But in a minor surprise, the bill apparently passed without ANY Republican member voting for it. Twelve Democrats voted against the bill, meanwhile, based on the C-SPAN tally. So ...
A Flawed Stimulus is Better than No Stimulus
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Reuters - U.S. President Barack Obama's $825 billion package to stem the U.S. recession headed toward anticipated passage on Wednesday in a sharply divided House of Representatives.
House poised to pass economic stimulus billReuters: Politics 1/28/2009
WASHINGTON (Reuters) - U.S. President Barack Obama's $825 billion package to stem the U.S. recession headed toward anticipated passage on Wednesday in a sharply divided House of Representatives.
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The president visits the House and Senate before a key vote on his $825-billion package. Republicans say they appreciate Obama's outreach but think the economic plan is too costly. >  ...