Friday, February 6, 2009

Your Nightly Dose...

From CNN...

WASHINGTON (CNN) -- U.S. senators debated a massive economic-recovery package Friday evening after sources said a working coalition of Democrats and some Republicans had reached a compromise on the plan.

Senate Majority Leader Harry Reid said he hoped for a vote on the stimulus packaged, which is championed by President Barack Obama as a tonic for a badly wounded economy, either later Friday or Saturday. Sources on Capitol Hill later said they did not expect a vote until the weekend.

The movement came after days of closed-door meetings between moderate Democrats and Republicans, who felt the price on the House's $800 billion-plus version of the package was too much.

Sen. Ben Nelson, a Democrat from Nebraska and one of the chief negotiators of the plan, said senators had trimmed the plan to $780 billion in tax cuts and spending on infrastructure, housing and other programs that would create or save jobs.
"We trimmed the fat, fried the bacon and milked the sacred cows," Nelson said as debate began.

Click to read the full article.

1 comment:

Anonymous said...

The link to the "full article" doesn't work.

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