
So Far, So Good
WASHINGTON (AP) – Moving with remarkable speed, the Democratic-controlled House lined up eagerly Wednesday to approve $819 billion in spending increases and tax cuts at the heart of President Barack Obama’s economic recovery program. Republicans fought the bill as wasteful. “We don’t have a moment to spare,” Obama declared at the White House as Democrats hastened to do his bidding.
A mere eight days after Inauguration Day, Speaker Nancy Pelosi heralded a new era. “The ship of state is difficult to turn,” said the California Democrat. “But that is what we must do. That is what President Obama called us to do in his inaugural address.”
Republicans said the bill was short on tax cuts and contained too much spending, much of it wasteful and unlikely to help laid-off Americans.
The party’s leader, Rep. John Boehner of Ohio, said the measure “won’t create many jobs, but it will create plenty of programs and projects through slow-moving government spending.”
The legislation includes an estimated $544 in federal spending and $275 billion in tax cuts for individuals and businesses.
Already a more bipartisan – and costlier – measure is taking shape in the Senate, and Obama personally pledged to House and Senate Republicans in closed-door meetings on Tuesday that he is ready to accept modifications as the legislation advances.
B.S. Report
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That's Definitely Not All Folks!
To Come……







