Obama's Stimulus Package

President Obama says he's certain that Republicans will back his 825 billion dollar economic stimulus package.
"I am confident that by the time we have the final package on the floor that we are going to see substantial support and people are going to see this is a serious effort," says Obama.
But as the package stands now, Republicans say it's actually laughable.
"I can't believe the president isn't embarrassed about the products that have been produced so far." says Senator Mitch McConnell - R.
"I think you have to start from scratch and reconstruct this," says Senator Jon Kyl/Arizona - R.
"If this bill comes to the Senate floor...MR. GREGORY: You'll vote against it? SEN. HUTCHINSON: Oh, yes, absolutely," says Senator Kay Hutchinson/Texas - R.
And it WILL come to Senate for debate Monday. Republicans say there are not enough tax cuts and too much spending on government programs that will never go away. They want more money pumped into the crumbling housing market and America's roads and bridges.
"There's a general view among Democrats and Republicans that this does not have enough infrastructure spending, particularly on transportation," says Senator Charles Schumer/New York - D.
Democrats know they don't have the 60 votes needed to push the bill through the Senate, so Sunday, they made it clear they're willing to wheel and deal.
"We've said to them, 'We're open about this. Come to us with your ideas, if you want to make changes and offer amendments. Let's move forward,'" says Senator Richard Durbin/Illinois - D.
"Starting tomorrow, there will be amendments. We will bring amendments ourselves," says Senator John Kerry/Massachusetts -D.
"We're going to be trimming out things that are not relevant to putting people back to work right now," says Obama.
And with the economy hemorrhaging up to a half a million jobs a month, the promise of new jobs could not come sooner. Drew Levinson, CBS News, New York.


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  • by Evan j Shull Location: Brownsville Tx 78521 on Mar 18, 2009 at 04:51 PM
    yes I just want to comment on the Small Business person like me I lost my house my business I was Down for some time, but I dusted myself off open a catering ser. but I need to expand but how, the bank wont let new business like mine any loans where Obama Stimulus Package helping business like me. all I see is help for major corp: at that they abuse and disrespect the Pesdent Stimulus PK. and the Amercans Tax Payers. VERY DISAPPOINTING.
  • by David Location: South Beloit on Feb 4, 2009 at 07:11 PM
    The best stimulus action would be to put americans back to work. No one wants to see chrysler,gm or ford go out of business; however, if the people do not have jobs they can not buy cars so you have to start with providing the customer money. Hence the rebuild America Plan. Health Care is very important, and education has been lacking in this country for a long time. It is Not a good idea to keep giving the money to the banks who neither free it up or do anything but help themselves. The housing market has been overinflated, and loans where l-legally handed out. Lets see some cinvictions for the activities that lead to a debt for our grandchildrens grandchildren, and put the grandparents in the poor house . Lets put the American people back to work so they can buy a house, things for there families. With rebuilding America's infrustructure the working people who will ultimately pay this debt will benefit some. I hear more and more about tax breaks. How do we pay for governmet
  • by Carolyn Sebbo Location: wichita kansas on Feb 4, 2009 at 06:36 PM
    I think his stimulas package will work we american people need all the help we can get.There is not no jobs here.trust me I have been pounding the pavement for a year in a half, and Im about to become homeless and loose my car to the bank.please help the american people.
  • by Debbie Location: Louisiana on Feb 3, 2009 at 10:47 AM
    To no avail, I have been searching diligently to locate the text of the Obama Stimulus Package so I can see for MYSELF what is in it. Can anyone help me? How are we suppose to promote it or not if we, the commonwealth, don't know what's in it?
  • by Thaddeus Location: Atlanta Ga. on Feb 2, 2009 at 01:52 PM
    How do I file for Obama's Stimulus Package
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