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Obama Chides Republicans, Demands Speed on Stimulus

Posted By admin On February 8, 2009 @ 5:20 am In U.S. News | Comments Disabled

Reuters [1]
Sunday, Feb 7, 2009

President Barack Obama pounded Republicans Saturday for policies that fueled the U.S. economic crisis, while welcoming a Senate deal on his stimulus bill that ideologically split lawmakers hope to finish by mid-month.

Obama said quick action on the package was imperative to avoid catastrophe and praised the group of moderate senators from both political parties for coming up with a compromise.

Senate Democrats agreed late Friday to trim spending proposals and support tax cuts in a roughly $800 billion bill.

(ARTICLE CONTINUES BELOW)

Obama Chides Republicans, Demands Speed on Stimulus 335x205 graph128c aj [2]

They rolled back an earlier $937 billion proposal by culling what critics, mostly Republicans, called billions of dollars in unwarranted spending.

Nancy Pelosi, speaker of the House, predicted there would be a finished product by Feb. 16. A Senate vote is scheduled for Tuesday, one day after Obama gives his first full news conference as president.

Full article here [1]


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URLs in this post:

[1] Reuters: http://www.cnbc.com/id/29067492

[2] Image: http://www.efoodsdirect.com/products.html

[3] GOP leaders doubt stimulus bill will pass Senate: http://www.prisonplanet.com/gop-leaders-doubt-stimulus-bill-will-pass-senate.html

[4] Obama: Republicans Want ‘Dirtier Air, Dirtier Water’: http://www.prisonplanet.com/obama-republicans-want-%e2%80%98dirtier-air-dirtier-water%e2%80%99.html

[5] Senate GOP ponders ceding power to President Obama: http://www.prisonplanet.com/senate-gop-ponders-ceding-power-to-president-obama.html

[6] DC Soap Opera Update: 17 Republicans To Vote Against Doomed Boehner Plan In The House: http://www.prisonplanet.com/dc-soap-opera-update-17-republicans-to-vote-against-doomed-boehner-plan-in-the-house.html

[7] Obama casts Republicans as party of the rich: http://www.prisonplanet.com/obama-casts-republicans-as-party-of-the-rich.html

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