Obama Will Get Stimulus Bill First Day, Democrats Say (Update1)

[babylonsister]

Updated: New York, Nov 23 18:21

Obama Will Get Stimulus Bill First Day, Democrats Say (Update1)

By Daniel Whitten


Nov. 23 (Bloomberg) -- Congress will send President-elect Barack Obama an economic stimulus package the day he takes office Jan. 20, two Democratic lawmakers said today.

Senator Charles Schumer of New York said on ABC’s “This Week” program that the package will be between $500 billion and $700 billion. House Majority Leader Steny Hoyer, of Maryland, said on “Fox News Sunday” that he believed the Inauguration Day goal would be met, but he declined to put a price tag on the bill.

“I think Congress will work with the president elect starting now and will have a major stimulus package on his desk by Inauguration Day,” Schumer said. “I think it has to be deep. My view it has to be between five and $700 billion.”

Obama said yesterday he aims to save or create 2.5 million jobs in his two-year plan to stimulate an economy facing a “crisis of historic proportions.”

The U.S. economic slowdown has been exacerbated by the worst credit crisis in seven decades. More firings will weigh on the economy and consumer spending will pressure Obama and Congress to agree on legislation that will stimulate growth, economists say.

more...

http://www.bloomberg.com/apps/news?pid=20601068&sid=afJphVfI1_0s&refer=home

[Jennicut]

1. Holy cow. That will be quick.

[FrenchieCat]

2. My, my......no gridlock?

Smells like change to me!



A new kind of politics
for a new time."

[babylonsister]

4. Frenchie!

What's with the ears?! :rofl:

[FrenchieCat]

6. Someone has that as their signature and it cracked me up so much

I just had to steal it.

I would guess.....

"better to listen with my dear!"

[Jack Bone]

3. Damn good thing! K&R nt

[MidwestTransplant]

5. Finally the adults will be back in charge. No more celebrating ignorance.

[bluestateguy]

7. Obama's day on 1/20/09

Get Inaugurated: 12:00

Parade 1:30-3:00

Sign Stimulus Bill: 3:30

Have Some Meetings: 4:00-6:00

Then parté at the balls!!!

[babylonsister]

10. And maybe even swearing in his cabinet! That's gonna be one full day!

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x7917250

[Arkana]

14. Get inaugurated, attend parade, sign stimulus bill, and BOOGIE DOWN!

[mucifer]

8. but why can't he do it sooner?

:sarcasm:

[bluestateguy]

9. I know, I'm so alienated. I feel so betrayed!!!

This is just another DLC corporatist president!!!! Waaaaahhhh!!!!

:sarcasm:

[RC]

11. A real stimulus package should punish business for off shoring work.

If they were serious about jobs in this country they would be working to get the factories and the manufacturing jobs that go with them back into this country.

Sandwich boarding in front of K-mart is not a living wage job.

[DCBob]

12. That's great but hope its not too late.

Alot can happen in 58 days.

[babylonsister]

13. I don't know what other choices there are. nt