Obama, Democrats agree to $500 billion stimulus package

[babylonsister]

Obama, Democrats agree to $500 billion stimulus package

By James Rosen | McClatchy Newspapers


WASHINGTON — While an auto bailout is on life support, President-elect Barack Obama and Democratic congressional leaders have agreed to a $500 billion economic-stimulus package that they want to move next month even before Obama takes office.

Rep. Rahm Emanuel, D-Ill., who'll be Obama's White House chief of staff, met Wednesday with House Speaker Nancy Pelosi, D-Calif., and other Democratic leaders in a strategy session aimed at fast-tracking stimulus legislation.

The meeting ended with a tentative deal to seek a half-trillion dollars to create jobs and spur economic recovery, with more than one-third of it funding "shovel-ready" infrastructure projects, senior Democratic aides said Friday.

Aides to Obama and Pelosi confirmed the meeting but declined to comment on a specific amount for the stimulus plan.

"What I can confirm is that Congressman Emanuel did meet with (congressional) leadership on Wednesday," said Amy Brundage, an Obama spokeswoman.

Obama on Saturday urged the creation of "millions of jobs" through the largest public investment in the country's roads, bridges and other infrastructure needs since the interstate freeway system was built in the 1950s under President Dwight Eisenhower.

more...

http://www.mcclatchydc.com/251/story/57746.html

[madrchsod]

1. the right wing talking heads are all ready attacking this plan

"where`s he going to get the money"...."tax and spend liberals" that`s all i could take of that crap..

get ready for the right wing to go all out attacking good paying jobs for americans.

[babylonsister]

4. They're going to attack anything that's proposed. I notice no one

on the right has any better, workable ideas.

[Jim__]

2. Right now, it looks like everything Obama and the Dems want to do ...

... will have to be approved by Mitch McConnell. We need a new Senate majority leader. Otherwise, holding the House, the Senate, and the presidency will not amount to a hill of beans. The republicans will still rule.

[babylonsister]

3. It won't be so easy for the rethugs after the newly-elected Dems

get in and some of those lousy rethugs are out. I'm keeping the faith. We'll soon see.

[rucky]

6. Mitch just needs to be forced to actually filibuster.

We'll wear 'em down.

[rucky]

5. This would provide good jobs for people who really need it.

and improvements we really need.

and lotsa orange barrels

[dtotire]

7. There was no problem finding money to fight an unnecessary war n/t