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Senate Passes Stimulus

A

Anonymous

Guest
The Senate just passed the compromise stimulus bill...61 Ayes 36 Nays

The Bill now goes into reconciliation with the House passed bill....
 
A

Anonymous

Guest
(CNN) -- The Obama administration's $827 billion economic stimulus plan survived a key vote in the Senate, putting a compromise version of the bill on track for passage Tuesday.


The Senate is expected to vote on the stimulus bill Tuesday.

With the help of Republican Sens. Susan Collins, Olympia Snowe and Arlen Specter, the Democrats locked in the votes needed to end debate on the bill.

The final vote was 61 in favor, 36 opposed.

The bill is expected to survive a full vote in the Senate on Tuesday, setting up a battle with the House as the two chambers try to iron out differences between their versions of the bill.

Obama wants both chambers to come to an agreement so he can have the bill on his desk by Presidents Day, which is next Monday.

The House's stimulus bill passed without a single Republican vote nearly two weeks ago. Senators spent the past week debating amendments. Late Friday, a working coalition of Democrats and some Republicans reached a compromise that trimmed billions in spending from an earlier version.

The price tag of $827 billion is roughly the same in both bodies, but the House and Senate differ on spending and tax cuts.
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Here are some other differences between the two bills:


The Senate bill, unlike the House version, would make the first $2,400 of unemployment benefits tax free. Both the Senate and House bills extend the time that jobless workers can collect benefits.


The Senate bill includes an amendment that would let those who buy a car in 2009 deduct the interest they pay on their car loan as well as the sales tax charged in the purchase. The House bill doesn't include this provision.


The Senate bill doubles the House's tax credit for first-time homebuyers to $15,000, a measure championed by Republicans in the Senate.

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The nonpartisan Congressional Budget Office reported last week that the stimulus measure, as it's presented now, is likely to create between 1.3 million and 3.9 million jobs by the end of 2010, lowering a projected unemployment rate of 8.7 percent by up to 2.1 percentage points.
 

Sandhusker

Well-known member
Oldtimer said:
The Senate just passed the compromise stimulus bill...61 Ayes 36 Nays

The Bill now goes into reconciliation with the House passed bill....

Ain't that just flipping great. This country will be so far in debt now that my grandkids will never have a shot at the standard of living my father had.

Thank you Dodd, Frank, Pelosi, Reid, Obama. Thank you so very, very much.
 
A

Anonymous

Guest
Sandhusker said:
Ain't that just flipping great. This country will be so far in debt now that my grandkids will never have a shot at the standard of living my father had.
.

Too bad that few Republicans even questioned Bush when he was doing the same thing...Except instead of spending it on Americans he was pissing it away in a foreign sandpit- nationbuilding-- which helped to put the economy in the dire straits its now in....

Thats what makes all the Repub Congressmen that are standing up their speachifying NOW against putting Americans to work- and building America-- all look like a bunch of bafoons and hypocrits..... :wink:
 

kolanuraven

Well-known member
Sandhusker said:
This country will be so far in debt now that my grandkids will never have a shot at the standard of living my father had.


This was the case BEFORE Obama was ever the Dem nominee!!!
 

Soapweed

Well-known member
kolanuraven said:
Sandhusker said:
This country will be so far in debt now that my grandkids will never have a shot at the standard of living my father had.


This was the case BEFORE Obama was ever the Dem nominee!!!

Yes, but he was supposed to make things better not worse. :(
 

Sandhusker

Well-known member
Oldtimer said:
Sandhusker said:
Ain't that just flipping great. This country will be so far in debt now that my grandkids will never have a shot at the standard of living my father had.
.

Too bad that few Republicans even questioned Bush when he was doing the same thing...Except instead of spending it on Americans he was pissing it away in a foreign sandpit- nationbuilding-- which helped to put the economy in the dire straits its now in....

Thats what makes all the Repub Congressmen that are standing up their speachifying NOW against putting Americans to work- and building America-- all look like a bunch of bafoons and hypocrits..... :wink:

The Republicans are NOT against putting American's to work, they're against this bait and switch maneuver the Democrats are pulling by calling the bill "stimulus" when it's actually the biggest deficit spending program that we have ever seen!
 

Sandhusker

Well-known member
kolanuraven said:
Sandhusker said:
This country will be so far in debt now that my grandkids will never have a shot at the standard of living my father had.


This was the case BEFORE Obama was ever the Dem nominee!!!

In the third debate, Obama was chiding Bush's spending and mentioning balancing the budget, and then he whips this out on us. Does this man have no shame? This one bill dwarfs anything Bush ever did!

We had a chance to undo the damage the Frank and Dodd led Democrats did, now we're just going to throw gas on the fire. Have any of you considered how this is going to be paid back? Have you considered what this will do to inflation, the dollar, the future of treasury auctions?
 

leanin' H

Well-known member
What this tells me is CHANGE was just a bumper sticker! This is more of the same! Bush was wrong and so is Obama on this stimulus crap! And just because this bill passed, doesn't mean its a great solution! Hopefully EVERY SENATOR that voted for this garbage loses their job! This new president is truly impressive! In a couple weeks he has funded abortions, sold my kid's future, stopped drilling for our own resources, killed jobs in the process and appointed tax cheats and lobbyists as fast as he can manage! This adminastration and congress combines to make a crooked, liberal, drunken-like-spending-spree, clueless and lack of leadership train-wreck! They make me sick! But i better keep giving them all time to get their legs under them! :roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll:
 

kolanuraven

Well-known member
Soapweed said:
kolanuraven said:
Sandhusker said:
This country will be so far in debt now that my grandkids will never have a shot at the standard of living my father had.


This was the case BEFORE Obama was ever the Dem nominee!!!

Yes, but he was supposed to make things better not worse. :(



He's not even been in office a month....... :roll: :roll: :roll:


I mean this is barely a first date...and most of you guys are already wanting to go steady.........just relax and take a breath.


You, of all people, say you are a fair man....why not give this man a chance? Why be so narrow minded before you know the outcome?
 

leanin' H

Well-known member
kolanuraven said:
Soapweed said:
kolanuraven said:
This was the case BEFORE Obama was ever the Dem nominee!!!

Yes, but he was supposed to make things better not worse. :(



He's not even been in office a month....... :roll: :roll: :roll:


I mean this is barely a first date...and most of you guys are already wanting to go steady.........just relax and take a breath.


You, of all people, say you are a fair man....why not give this man a chance? Why be so narrow minded before you know the outcome?

Because if the coyotes are in the calves it's pretty tough to let em' kill some and then decide to act! This adminastration and congress take hard problems and make them worse! They care more about polls and political favors than what's right! Bush was wrong on his stimulus and so are these guys! I hope President Obama becomes a legendary president and we all are tickled at how good he lead and looked out for us! But his history says he is a liberal who has poor judgement(see Ayers, Daschle, Ect.) approves abortion, kills using our owm resources, destroys jobs in the process, declares the war on terror to be un-needed and more! In his first couple weeks! I am scared to death to see what happens for the next four years! :roll:
 

kolanuraven

Well-known member
leanin' H said:
kolanuraven said:
Soapweed said:
Yes, but he was supposed to make things better not worse. :(



He's not even been in office a month....... :roll: :roll: :roll:


I mean this is barely a first date...and most of you guys are already wanting to go steady.........just relax and take a breath.


You, of all people, say you are a fair man....why not give this man a chance? Why be so narrow minded before you know the outcome?

Because if the coyotes are in the calves it's pretty tough to let em' kill some and then decide to act! This adminastration and congress take hard problems and make them worse! They care more about polls and political favors than what's right! Bush was wrong on his stimulus and so are these guys! I hope President Obama becomes a legendary president and we all are tickled at how good he lead and looked out for us! But his history says he is a liberal who has poor judgement(see Ayers, Daschle, Ect.) approves abortion, kills using our owm resources, destroys jobs in the process, declares the war on terror to be un-needed and more! In his first couple weeks! I am scared to death to see what happens for the next four years! :roll:


Well....fine then....we'll call ya and tell you when it's safe to come out from under the bed .... :roll: :roll:
 

leanin' H

Well-known member
kolanuraven said:
leanin' H said:
kolanuraven said:
He's not even been in office a month....... :roll: :roll: :roll:


I mean this is barely a first date...and most of you guys are already wanting to go steady.........just relax and take a breath.


You, of all people, say you are a fair man....why not give this man a chance? Why be so narrow minded before you know the outcome?

Because if the coyotes are in the calves it's pretty tough to let em' kill some and then decide to act! This adminastration and congress take hard problems and make them worse! They care more about polls and political favors than what's right! Bush was wrong on his stimulus and so are these guys! I hope President Obama becomes a legendary president and we all are tickled at how good he lead and looked out for us! But his history says he is a liberal who has poor judgement(see Ayers, Daschle, Ect.) approves abortion, kills using our owm resources, destroys jobs in the process, declares the war on terror to be un-needed and more! In his first couple weeks! I am scared to death to see what happens for the next four years! :roll:


Well....fine then....we'll call ya and tell you when it's safe to come out from under the bed .... :roll: :roll:

Naw! I won't be hiding UNDER THE BED! :oops: :wink: I'll be working hard to feed my family inspite of the governments best efforts to kill small buisness and help me to death! And i'll call out these jokers when they err!
I'll bet there were times during Bush's term that you got a little ansy! And when we have a liberal in charge of the henhouse, as a conservative I am nervous! But thanks for being concerned enough to call! :D :wink:
 

Sandhusker

Well-known member
Just think, back in Germany in 1933, there were people saying "Just give Hitler a chance..." In Cuba in 1959, I'm sure there were people saying, "He just got in office, give him a chance. Batista...."
 

aplusmnt

Well-known member
kolanuraven said:
Sandhusker said:
This country will be so far in debt now that my grandkids will never have a shot at the standard of living my father had.


This was the case BEFORE Obama was ever the Dem nominee!!!

I agree, if Clinton would have just did something about them Terrorist like Bin Laden when he was in office then Bush would not have had to spend all the money he did. Basically Bush had to spend 8 years of protection for his terms and then 8 more years worth of making up for Clinton being a wuss!
 

aplusmnt

Well-known member
Oldtimer said:
Sandhusker said:
Ain't that just flipping great. This country will be so far in debt now that my grandkids will never have a shot at the standard of living my father had.
.

Too bad that few Republicans even questioned Bush when he was doing the same thing...Except instead of spending it on Americans he was pissing it away in a foreign sandpit- nationbuilding-- which helped to put the economy in the dire straits its now in....

Thats what makes all the Repub Congressmen that are standing up their speachifying NOW against putting Americans to work- and building America-- all look like a bunch of bafoons and hypocrits..... :wink:

I agree Bush spent way to much money! That is why he was not a conservative! But why is it YOU spoke out about Bush spending your grandchildren's money but you do not speak out against Obama spending your grandchildren's money?

That is why you have been exposed as a hypocrite and liar on here! You have no consistency in your convictions!

Personally I was against Bush bail out and Obama bail out! It is time for my generation to pay the price and not put it off on our children! Why do you not want to do the same OT?
 
A

Anonymous

Guest
aplusmnt said:
Oldtimer said:
Sandhusker said:
Ain't that just flipping great. This country will be so far in debt now that my grandkids will never have a shot at the standard of living my father had.
.

Too bad that few Republicans even questioned Bush when he was doing the same thing...Except instead of spending it on Americans he was pissing it away in a foreign sandpit- nationbuilding-- which helped to put the economy in the dire straits its now in....

Thats what makes all the Repub Congressmen that are standing up their speachifying NOW against putting Americans to work- and building America-- all look like a bunch of bafoons and hypocrits..... :wink:

I agree Bush spent way to much money! That is why he was not a conservative! But why is it YOU spoke out about Bush spending your grandchildren's money but you do not speak out against Obama spending your grandchildren's money?

That is why you have been exposed as a hypocrite and liar on here! You have no consistency in your convictions!

Personally I was against Bush bail out and Obama bail out! It is time for my generation to pay the price and not put it off on our children! Why do you not want to do the same OT?

've always supported a balanced budget and conservative spending-altho I believe government must spend enough to provide adequate services- and that takes taxes... But times/conditions have also changed- and I've changed too with the conditions...8 years of drunken sailor spending in a sand pit nationbuilding, nonregulation, nonenforcement of the laws, ill advised tax cuts have put us in a situation where we've never been before.... And I think it is worse than most will accept...

And just like Obama said tonight- the majority of economic advisors say we will not get out of this Bush Depression without spending some more now...Tax cuts alone haven't worked- won't work now...Its going to take dollars just to stimulate spending and the economy again....Bush was asleep and let this thing get so deep its now going to take an FDR type spending to put folks back to work and keep them from starving...

IMF Chief Sees Big Economies in Depression

Monday, February 9, 2009 9:42 AM

By: Julie Crawshaw Article Font Size



International Monetary Fund Managing Director Dominique Strauss-Kahn used the word “depression” to describe economies in the United States, Western Europe and Japan at a meeting of the South East Asian Central Banks in Kuala Lumpur.


The IMF’s most recent economic projections show that global growth will be close to zero, “the worst performance in most of our lifetimes,” Strauss-Kahn said. The United States, Western Europe and Japan “are already in depression.”


Governments and central banks need to act “decisively” in support of investors, Strauss-Kahn said.

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Strauss-Kahn’s comments are the most severe expressed by a major political figure thus far, and were considerably more pessimistic than his agency’s forecast even last month.


Fed member Janet Yellen has joined the chorus of financial leaders unafraid of invoking the “D” word in public as world economies reel.


“Economic growth in the rest of the world — including Europe and Japan — has weakened sharply for a number of reasons, including spillovers from the U.S. recession and the financial meltdown that now has spread globally,” Janet L. Yellen, president of the Federal Bank of San Francisco said this week.
 
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