How Low Will Obama Go on Stimulus?
President Obama will meet today with leaders of a bipartisan group of moderate senators working now on bringing down the overall cost of the stimulus bill.
It’s led by three people — Sen. Susan Collins of Maine, Sen. Olympia Snowe of Maine, and Sen. Ben Nelson of Nebraska.
White House and senate sources tell me that the president is going to be meeting individually with each one of these senators today to see if they can work towards some kind of agreement to take out some of the spending programs in this package which aren’t considered to give the biggest job bang for the buck.
There will still be differences with this group.
The president doesn’t want to bring the package down as far as some of these senators want to go. But they’re going to be working intensively on a compromise today.
The key question: can President Obama and his allies accept a stimulus package smaller than the $819-billion bill passed by the House?
–George Stephanopoulos
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This is idiotic. We have 58 of 99 Senators and 59 percent of the House. Oh, yeah. We have the White House.
And still Obama is meeting with two Republicans and one Democrat. And you are calling them “moderate” instead of giving their political affiliation.
It’s about time that the media began reflecting the will of the people. It’s time that there were at least a 50/50 partisan representation of quotes and interviews.
That still wouldn’t be even since Democrats won the popular vote in four of the last five presidential elections, blow the Republicans out in popular vote for Senate (because a lot more people vote for Democratic Senators in California/NY than Republican Senators in Georgia/Wyoming), and the House vote (because turnout is higher in Democratic districts).
Posted by: Noonan | February 4, 2009, 7:43 am 7:43 am
Maybe you should read the other forum.. evidently Obama not that happy with this bill: (read the last line)
The Obama White House is in a “tough” situation, Cooper said: “They want to keep the Speaker happy and the traditional Democratic leaders, but they’ve let them know privately they’re not interested in all this pork.”
Posted by: ajax | February 4, 2009, 8:35 am 8:35 am
EVIDENTLY MOST OF THE DEMS have NOT read the BILL. They are just told how to vote.
If you did not read the other forum, this precluded what I just posted:(this is a Democrat talking)
*************************************
“He implied that Members of Congress don’t “read the bills and figure out whether they’re any good or not. We’re just told how to vote. We’re treated like mushrooms most of the time.” As opposed to the past, when the erstwhile Democratic Study Group would analyze legislation and provide pros and cons, “now we don’t get good information about the bill. They don’t really want you think about it. They want you to vote blindly with the Democratic leadership every time.”
Democratic leaders are often right in their analyses, Cooper said, but “they’re not perfect, (and) sometimes they’re disappointing our President.”
“The Obama White House is in a “tough” situation, Cooper said: “They want to keep the Speaker happy and the traditional Democratic leaders, but they’ve let them know privately they’re not interested in all this pork.”
Posted by: ajax | February 4, 2009, 8:38 am 8:38 am
If Obama pulls this off and puts Nancy and Harry in their place AND works with the Republicans and Moderate Democrats to ReDO this bill.. I for one will think about voting for him next time. Well, that will be 1 thing in his favor.
Posted by: ajax | February 4, 2009, 8:41 am 8:41 am
I hope Obama doesn’t concede on further tax breaks. The most bang for the buck is with the infrastructure programs, so hopefully, cuts in other areas will be transferred there.
Posted by: kathy | February 4, 2009, 8:56 am 8:56 am
@Kathy.. I hope he gives more Tax Breaks. I figure, I will get “Maybe” about 48 more a month? LOL, that won’t really help that much at all.
Plus, This tax credit of 500 per person and 1000 per couple is a drop in the bucket and in my opinion a slap in the face.
Posted by: ajax | February 4, 2009, 9:01 am 9:01 am
Anyone having buyer’s remorse? Can America take BO back to the store where the media purchased him from?
How many of his appointments have been tax cheats?
Obama’s presidential slogan will end up being one that we have heard many times before…
“That uuhh person is not uuhh the uuuh person I knew”
Posted by: BOstinks | February 4, 2009, 9:17 am 9:17 am
buyer’s remorse? what you liked the last eight years which drove us into this ditch? you liked tax cuts for the wealthy? you liked the “champions of smaller government” which brought us katrina and lack of oversight and regulation from wall street to the fda? you liked the billions spent on an unnecessary war costing us the lives of over 4500 young americans and 96,000 iraqis? you liked the billions spent on private contractors to rebuild iraq that cost us more young american lives due to faulty wiring?
i want to congratulate those constituents of the obstructionist republicans who obviously don’t need jobs or extended unemployment benefits or food stamps or pell grants. they, unlike the millions of other americans whose lives are in peril, prospered under the last administration.
Posted by: sbv | February 4, 2009, 9:31 am 9:31 am
The tax breaks being offered by Republicans are only for people in the 10-15% tax bracket. (i.e. those in the top 2% of income earners).
Posted by: Tanya | February 4, 2009, 10:18 am 10:18 am
Title is crude, George. I’d like to see the Pres. make more use of webs, emails, and print media than TV. TV’s too vicious, and tired of hearing media’s overpaid opinions nightly.
TV so happy in its rush to cover new admin. I hope Pres. Obama pull a Bush and have no comment for them. He needs to remind them who’s in power. There’s more wys than TV to get the msg out and plenty of unemployed filmmakers to do Pres. Obama’s views to the public.
George, you are such a two-faced reporter. Your title says it all! No wonder you’re so short. You’re little on the inside.
Posted by: Carla | February 4, 2009, 10:29 am 10:29 am
sbv
You may be too far gone to have a rational discussion.
Tax cuts for the wealthy? Really?
When the weatlhiest 10% of Americans pay 70% of the tax load in America, my guess is that those same people will probably get the bigger tax cuts since they are paying most of the taxes. (As opposed to BO’s “95% of Americans will get a tax break” crap when 50% of Americans pay no federal taxes. Can you say welfare?
Katrina- Perhaps the majority of the population who were “stranded” down should have sold the caddy in the drive way and gotten flood/hurricane insurance when they lived below sea level next to an old levee. Just a thought though.
Have you ever wondered how
2 million get into Washington DC in sub zero temps in 1 day when 200,000 couldn’t get out of New Orleans at 85 degrees with four days notice?
Iraq war. Last time I checked 4500 was far less then 50,000 lost in Vietnam which was Kenndedy/Johnson’s crowning achievement. How come you liberals refuse to acknowledge that saddam murdered 700,000 of his own people with chemical weapons that he supposedly never had. Oh well, I guess it’s just easier to say “BUSH LIED KIDS DIED”
Military contracts-
Stay off the dailykos and huffingtonpost, they are corrupting your mind!
Posted by: BOstinks | February 4, 2009, 10:30 am 10:30 am
“Have you ever wondered how
2 million get into Washington DC in sub zero temps in 1 day when 200,000 couldn’t get out of New Orleans at 85 degrees with four days notice?”
I would curious to KNOW how many of those that went to DC in Sub Zero weather are the same ones that could NOT get out of New Orleans in 85 degree weather?
Posted by: ajax | February 4, 2009, 10:47 am 10:47 am
“Iraq war. Last time I checked 4500 was far less then 50,000 lost in Vietnam which was Kenndedy/Johnson’s crowning achievement. How come you liberals refuse to acknowledge that saddam murdered 700,000 of his own people with chemical weapons that he supposedly never had. Oh well, I guess it’s just easier to say “BUSH LIED KIDS DIED”
I have always wondered; your neighbor was beating hell out his wife and children, and you are pretty sure he is going to kill them. You call the cops, but they have not arrived yet. What would you do? Would you risk your life to save them?
You neighbors house is on fire.. the entire family is trapped inside and the FD and RS has not arrived. Would you risk your life to save them?
Maybe not good analogies, but I have always been curious what people would do?
Posted by: ajax | February 4, 2009, 10:54 am 10:54 am
Republican party is again a failure. What tax cut will do to stimulate this economy in this terrible time? What a person will do with $1000 tax cut? Will he/she spend that money right away? I don’t think so! In this terrible time, people are saving as much as they could because they do not know when they will be out of work. What a company will do with tax cut? Will they use that money to hire more employees? I don’t think so! They will use that money to offset their losses, or give more bonuses to their executives. Because people stop spending, Government must do so to stimulate the economy. Only Government dares to spend in this time. We need to create demand then companies will jump in to fulfill the demand. This will create JOBS. Tax cut in this time is terrible WRONG! Government needs money to function and stimulate the economy. REPUBLICANS! Please wakeup!!!
Posted by: oh | February 4, 2009, 11:50 am 11:50 am
Make the Republicans filibuster! Make them stand up and argue against the stimulus bill! Call their bluff, and they will run away crying.
Posted by: mikey | February 4, 2009, 11:59 am 11:59 am
To George or the assistant censoring my comments:
Respectful dissent or disagreement with George on an article is not “spam.” Posting a link to relevant articles is not “spam.”
Please be professional and allow freedom of speech.
Posted by: Michelle | February 4, 2009, 12:14 pm 12:14 pm
“BOstinks”
You stink! Every time some conservative a.. mentions Saddam, I want him to go and check all those countries that have dictators in power. Why Bush and Cheney did pick Iraq? I think you know the answer, propaganda boy!
Posted by: ghost | February 4, 2009, 12:24 pm 12:24 pm
“I would curious to KNOW how many of those that went to DC in Sub Zero weather are the same ones that could NOT get out of New Orleans in 85 degree weather?
Posted by: ajax |”
I think you are low.. something. People who died in New Orleans didn’t have cars. Do you try leave without money and car and go somewhere where nobody expecting you.
It’s never shortage of cynicism in republican party!
Posted by: ghost | February 4, 2009, 12:32 pm 12:32 pm
“On page 151 of this legislative pork-fest is one of the clandestine nuggets of social policy manipulation that are peppered throughout the bill. Section 9201 of the stimulus package establishes the “Federal Coordinating Council for Comparative Effectiveness Research.” This body, which would be made up of federal bureaucrats will “coordinate the conduct or support of comparative effectiveness and related health services research.”
Sounds benign enough, but the man behind the Coordinating Council, Health and Human Services Secretary-designate (and tax cheat) Tom Daschle, was kind enough to explain the goal of this organization. It is to cut health care costs by preventing Americans from getting treatments that the government decides don’t meet their standards for cost effectiveness. In his 2008 book on health care, he explained that such a council would, “lower overall spending by determining which medicines, treatments and procedures are most effective-and identifying those that do not justify their high price tags.
Mind you, they are not simply looking to exclude treatments that don’t work, but to exclude treatments that are effective, but whose cost, in their opinion, does not justify their use. You, the patient, and your physician don’t get a vote. This would make the federal government the single most important decision-maker regarding health care for every patient in America.”
****Our senators need to take the time to read every sentence in this 700+ page bill. I’m sure there are plenty more of these “nuggets” sprinkled throughout. And this was supposed to be a STIMULUS bill. Interesting.
My personal opinion, is that this whole thing needs to be scrapped.
Posted by: MLM411 | February 4, 2009, 1:45 pm 1:45 pm
If the tax breaks go to large corporations, they will wind up in tax havens. (85/100 companies per GAO 16 Jan. 2009).
And job creation and shareholder protection disappears too.
Posted by: Ginsights | February 4, 2009, 2:00 pm 2:00 pm
oh –”Only Government dares to spend in this time. We need to create demand then companies will jump in to fulfill the demand. This will create JOBS. Tax cut in this time is terrible WRONG! Government needs money to function and stimulate the economy. REPUBLICANS! Please wakeup!!!” — sorry oh, but it you who are wrong… tax cuts places more money in the hands of the populice which are the consumers of the goods and services that companies cater to. With the extra money that companies receive, they can expand if necessary to meet the needs of the consumer increase.. all this amplifies like pusing a ball down a slope.. When government spends on itself to “stimulate” the result is that individuals have no extra money to spend to stimulate the economy, companies have no need to expand if the demand is not there, and the only ball rolling down hill is the ball that demands MORE governemtn programs to take care of people who continue to see their standard of living decrease..
Posted by: arkie vet | February 4, 2009, 2:32 pm 2:32 pm
MLM411 — Well posted, but isn’t that what the democrats want? I mean.. government control is whawt they are after isn’t it? this stimulus is just more government expansion, their outlook on healthcare is ultimately .. government control of YOUR health.. so what if this so called stimulus doesn’t create jobs.. the government can just institute more programs that tie the American people to government subsistance.. S-O-C-I-A-L-I-S-M….. I will never understand how a people can smile and nod while their leaders convince them that living in the greatest country ever should be subjugated so that the biggest failure in that country ( its own government) can take over control of the people’s lives..
Posted by: arkie vet | February 4, 2009, 2:40 pm 2:40 pm
ghost -”I think you are low.. something. People who died in New Orleans didn’t have cars.” — No – heres the truth, people in New Orleans died because their politicians controlled their activities. I was there after the fact, thousands of cars were scrapped still in the streets.. why? because the Governor would not open the evac routes out of town.. many who did not have cars died because there were dozens of buses that the city had access to that were never utilized because the governor and mayor would not authorize their use… more people died because the governor would not release the LA national guard to national service when the president asked… 40 years of corrupt spending left the levees at risk, 40% of the population living off government subsistance left the people at risk.. listening to a governemtn..any government .. thats says it will take better care of us than we can take care of ourselves, LEAVES US ALL AT RISK>>>
Posted by: arkie vet | February 4, 2009, 2:48 pm 2:48 pm
“On page 151 of this legislative pork-fest is one of the clandestine nuggets of social policy manipulation that are peppered throughout the bill. Section 9201 of the stimulus package establishes the “Federal Coordinating Council for Comparative Effectiveness Research.” This body, which would be made up of federal bureaucrats will “coordinate the conduct or support of comparative effectiveness and related health services research.”
If I managed to back track the refernces correctly, is looks like it gets funded from “$700 Million for comparative effectiveness research”
Anyone care to take a guess how many NEW jobs get created by this $700 Million?
Posted by: Mike_C | February 4, 2009, 3:17 pm 3:17 pm
Mike C — well since it says that the body would be made up of federal bureaucrats.. let me set this up like jeapardy- “I choose 0 jobs for 200 Alex” — and the answer – “What is another example of 700 million wasted dollars?”
Posted by: arkie vet | February 4, 2009, 3:23 pm 3:23 pm
The Borgen Project has some good info on the cost of addressing global poverty.
$30 billion: Annual shortfall to end world hunger.
$550 billion: U.S. Defense budget
Posted by: Abel Tsegga | February 4, 2009, 5:44 pm 5:44 pm
Don’t forget:
$745 Billion..US Healthcare Programs.
(medicare and medicaid)
To say we don’t have healthcare in this country is just not being intellectually honest.
Posted by: Mac | February 5, 2009, 9:42 am 9:42 am
Interesting Statistics
Professor Joseph Olson of Hemline University School of Law,
St. Paul, Minnesota, points out facts of 2008 Presidential election:
Number of States won by:
Democrats: 19
Republicans: 29
Square miles of land won by:
Democrats: 580,000
Republicans: 2,427,000
Population of counties won by:
Democrats: 127 million
Republicans: 143 million
Murder rate per 100,000 residents in counties won by:
Democrats: 13.2
Republicans: 2.1
Professor Olson adds:
“In aggregate, the map of the territory won by Republicans
was mostly the land owned by the taxpaying citizens of the country.
Democrat territory mostly encompassed those citizens living in
government-owned tenements and living off various forms of
government welfare.
Professor Olson believes the United States is now somewhere
between the “complacency and apathy” phase of Professor Tyler’s
definition of democracy, with some forty percent of the nation’s
population already having reached the “governmental dependency” phase.
Posted by: Mac | February 5, 2009, 9:44 am 9:44 am