Saturday, February 7, 2009

President Obama's economic stimulus Bills

President Obama's economic stimulus of the bill be against in the Senate on Thursday evening power struggle, votes of senators on the through diligent with already released nearly a dozen amendments planned to offer more than $ 1 trillion.


As the president ratcheted up pressure for quick action on the proposal, a group of moderate senators including up to eight Republicans continued to struggle behind closed doors to craft a bipartisan agreement that would trim $100 billion-plus from the spending package.

In the image Sen. Richard Durbin try to explain about a copy of the stimulus bill passed by the House as he speaks to reporters Thursday on Capitol Hill. With him are New York Sen. Charles Schumer (left) and Senate Majority Leader Harry Reid of Nevada

The cuts are planned to attract practical Republican support and appease some Democrats also concerned that the package included billions for projects that wouldn't have an immediate effect on the economy. "We still don't have a product," Florida Sen. Mel Martinez said as afternoon turned to evening. "We're running out of time."

Majority leader Harry Reid of Nevada said on Thursday that the 60 votes to approve the original measure did. Reed threatened to work all night - "until we" get - a bill to end.

But hours later, Reid said relented, "We Legislating to stop tonight, tomorrow, come in at 10, immediately to the bill are going to come back." Read more time to a group of moderate Democrats and Republicans to peeling back the bill to reach an agreement on efforts to meet the All.
Earlier, Reid aggressively warned that the package would not be hijacked by the bipartisan group, which has been led by Democratic Sen. Ben Nelson of Nebraska and Republican Sen. Susan Collins of Maine. Nelson said his group had been dealing with the White House during their meetings, though he did not say whether the president himself was involved in the discussions.
Behind the scenes, some Republicans were skeptical of Reid's claim. But Democratic leaders are said to be confident that no Democrat will vote against the president, and that Collins and her fellow Maine Republican, Sen. Olympia Snowe, and perhaps another Republican or two will vote for the plan, even without a compromise that lowers the price tag.

Democrats could pass the measure by a simple majority of the Senate's 100 members. But leaders want to hit 60 to deny Republicans the opportunity of blocking the legislation with a point of order allowed under the chamber's rules.
The mood at the Capitol all day had an air of desperation and, at times, anger as Republicans took to the Senate floor to take whacks at the president's plan, and Democrats pushed back.

Republican Sen. John McCain of Arizona attempted to replace the president's package with one that cost about half as much and included more tax cuts; his effort failed by a vote of 57-40. McCain said what was happening in the Senate is "not bipartisanship."

Information from www.npr.org

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