Archive for Monday, January 5, 2009

Quick stimulus unlikely, leaders in Congress say

January 5, 2009

Advertisement

— President-elect Barack Obama received a rude welcome to Washington on Sunday as congressional Democrats dashed his hopes for a speedy response to the worst economic crisis in decades.

Even before Obama’s plane landed, House and Senate Democratic leaders put him on notice that he won’t have a broad economic stimulus plan ready for his signature as soon as he takes office Jan. 20, as he had hoped.

House Majority Leader Steny Hoyer of Maryland said the package could be approved by Congress and sent to Obama in mid-February.

Obama spokesman Robert Gibbs acknowledged to reporters flying on Obama’s plane to Washington that the Jan. 20 goal for enactment of a stimulus plan is “very, very unlikely.”

Obama planned to meet with Senate Majority Leader Harry Reid, D-Nev., and House Speaker Nancy Pelosi, D-Calif., today to talk about enacting a massive spending plan. The president-elect also scheduled a separate meeting with the entire Democratic and Republican leadership teams.

Obama said Congress should pass a plan designed to create 3 million jobs. The Democratic president-elect hasn’t announced a final price for it, but aides said the cost could be as high as $775 billion.

Comments

Tony Kisner 6 years, 4 months ago

Obama should ask for special funding for a 20 lane highway to be built by the construction firm Pelosi & Reid which would run from San Fran to Las Vegas. Obama is new to the game and who said change is easy?Got to pay to play O-dude.

geekin_topekan 6 years, 4 months ago

I knew from the day after the elections that the rightwigners would want to see immediate results.The same short sighted thinking that got us into this mess in the first place.That is the trademark of the rightwing.It took many years for rightwingers to drag this country into the ground.It will take many years to get it back on its feet.Instead of treating Odude like a messiah,rightwingers should see what their part in the scheme of things can be.

Confrontation 6 years, 4 months ago

Tommy Boy, shouldn't you be in Canada by now?

Commenting has been disabled for this item.