Thursday, January 22, 2009
The Closer
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House Republicans want to strike some compromises with the White House over the Democratic economic stimulus plan, after a new report showed the plan could take as long as 10 years to work its way into the economy.
..."When it comes to slow-moving government spending programs, it’s clear that it doesn’t create the jobs or preserve the jobs that need to happen,” House Republican Leader John Boehner said.
David Obey, D-Wis., rejected the budget office analysis.
“I happen to think that CBO’s estimate is off the wall but we’re trying to respond to it nonetheless,” he said.
He said Congress must quickly put aside deliberations and act on the program.
“We can debate the details of this until the cows come home, as they say in my district, but sooner or later we have to get about making decisions,” he said.
The dispute prompted Republican leaders to argue that lawmakers should just give taxpayers more money back.
“We see the choice between fast-acting tax relief and a Democrat plan outlined last week that involves slow and wasteful government spending,” Rep. Mike Pence, R-Ind., said.
Doitnowdoitnowdoitnowwww!!!!
In fact, the CBO and several economists predict the recession will be over before two-thirds of the stimulus money even takes effect.
Whaaa?
Obama has agreed to meet with House Republicans about their stimulus ideas some time next week.
WASF.
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