Posts Tagged ‘ Stimulus ’

GOP: List waste in stimulus bill

(CNN)– House Republican leaders put out a list of what they call wasteful provisions in the Senate version of the nearly $900 billion stimulus bill that is being debated:

The Senate is currently the nearly $900 billion economic stimulus bill.

The Senate is currently the nearly $900 billion economic stimulus bill.

• A $2 billion earmark to re-start FutureGen, a near-zero emissions coal power plant in Illinois that the Department of Energy defunded last year because it said the project was inefficient.

• A $246 million tax break for Hollywood movie producers to buy motion picture film.

• $650 million for the digital television converter box coupon program.

• $88 million for the Coast Guard to design a new polar icebreaker (arctic ship).

• $448 million for constructing the Department of Homeland Security headquarters.

• $248 million for furniture at the new Homeland Security headquarters. Continue reading

Obama: Stimulus Bill passes, After party at White House,

The Vote  244-188

President Obama won his first legislative victory as the House passed a $819 billion economic stimulus package adding to a projected $1.2 trillion deficit this year. Borrowing the money would add $347 billion to the bill’s costs over ten years, according to the Congressional Budget Office,Once it is passed, every American will be able to go the Web site recovery.gov and see how and where their money is being spent.”<1>

Not one Republican

President Obama bid to woo Republicans failed to convince even a single GOP member to join Democrats to back the bill. Eleven Democrats joined the entire 177-member House GOP caucus in voting “no”.<2>

President Obama and the 13 corporate executives

The president met with 13 corporate executives Wednesday morning to talk about the need there needs.

They need our money now

“The businesses that are shedding jobs to stay afloat — they cannot afford inaction or delay,” Obama said.

Than there you the American worker with no job only fear

“The workers who are returning home to tell their husbands and wives and children that they no longer have a job, and all those who live in fear that theirs will be the next job cut — they need help now.”<3>

Party at the Whote House
After the vote, he invited top House and Senate leaders of both parties to the White House for cocktails, hoping a little wine and schmoozing could grease the path for his signature economic initiative in the Senate.<4>

Should the Gop support the $825 billion bailout?

From The Cafferty File:

President Obamas hopes for broad bipartisan support for his $825-billion emergency stimulus package have been dashed.

The President wants the emergency bill on his desk by Presidents Day. But theres an obstacle in the way: Opposition from Republicans that seems to be growing by the day. Now they are complaining theyve been shut out of the process of writing the bill. They are pointing a finger at the Democrats for ignoring the Presidents call for bipartisanship.

Continue reading

Michelle Malkin on the Obama stimulus and the Coleman/Franken battle

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(VIDEO) Obama First News Conference as President-Elect

At his first news conference as president-elect, Barack Obama called for the Bush administration and Congress to enact a stimulus package.

Obama Says Speedy Action Needed on Economy

Doug Mills/The New York Times

President-elect Barack Obama with Vice President-elect Joseph R. Biden Jr. and Rahm Emanuel in the front row, with a group of economic advisers at a news conference in Chicago on Friday. Transcript