No Compromise On Stimulus and Trade Agreement, Emanuel Says

Nov 9, 2008 1:01pm

President-elect Barack Obama said this week that he wants Congress to pass a fresh economic stimulus package "sooner rather than later." Democratic leaders proposed last month that Congress reconvene after the election for a rare lame-duck session to pass a new stimulus, but the White House is reluctant to do so in the final months of Bush’s presidency. However, the administration signaled that the President could sign on this year if Congress attached the Columbia Free Trade Agreement. When I asked incoming White House Chief of Staff Rahm Emanuel this morning whether this was a trade worth taking, he made clear that Obama opposes the compromise: "You don’t link those essential needs to some other trade deal," he said on "This Week." On what a broader stimulus would look like under the Obama administration, Emanuel said, "it is essential that we focus on the stress and strains on the middle class." But he would not say whether the President-elect would postpone his proposed tax increase on the wealthy. –George Stephanopoulos

You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment.
blog comments powered by Disqus