Obama Insists $800-Billion Stimulus Pass By This Weekend

By Jennifer Parker

Feb 4, 2009 6:59pm

If the vote on the stimulus bill were held in the Senate today — it wouldn’t pass.

So Senate Democratic leaders and the White House are working with a centrist group of Republican and Democratic senators to try to come up with an amendment that addresses the concern that too much of this spending just isn’t stimulus.

Senate Democratic Leader Harry Reid has assured the president that he will pass such an amendment and get this bill passed by this weekend.

The president told Republican senators Olympia Snowe and Susan Collins of Maine today that the bill has to be scrubbed.

One thing he did insist, though, is that the stimulus bill be at least $800-billion.  Any less than that, he says, will not do what the economy needs right now.

The president is targeting a group of about six Republicans in order to get the bill passed through the Senate.

Senate sources say they need at least three additional Republicans to pass this bill by this weekend.

–George Stephanopoulos

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