Terrorist: Stop Using Sex as a Weapon | Main | Surprise! GOP Cut out of Stimulus Conference Negotiations
February 11, 2009

Good News! Stimulus Package Below $800 Billion

I suppose we should praise Senators Specter, Snowe and Collins for their efforts to really cut out that pork, huh?

WASHINGTON (AP) - Negotiators for Congress and the White House have tentatively settled on a $790 billion price tag on President Barack Obama's economic stimulus bill and are working to narrow differences on individual elements of the bill.

After unofficial talks stretching into the late evening on Tuesday, officials announced a formal meeting of negotiators for mid-afternoon in the Capitol as they try to get a bill to Obama's desk for signing by week's end.

Democratic aides said that Obama's negotiating team had prevailed in restoring some lost funding for school construction projects during talks Tuesday, and had also increased aid to state governments above the $39 billion approved in a compromise with a handful of Senate GOP moderates.

Obama's "Making Work Pay" tax credit would be reduced from $500 per worker to $400, with couples eligible for an $800 credit, instead of $1,000, said a Democratic aide close to the talks. This aide spoke on condition of anonymity because the negotiations are private.

Note the emphasized section. The only thing in this bill that might actually stimulate the economy - tax credits - are being cut. Got to have that spending on school construction, after all.

digg this
posted by Slublog at 11:34 AM

| Access Comments

Recent Comments
Maritime: "Supreme Court refused to intervene in the PA redis ..."

Christopher R Taylor: "Hey fat girls keep you warm on winter nights! A ..."

rickb223 [/s][/b][/i][/u]: "David Hogg also tweeted that he'll never take a jo ..."

yankeefifth: "Damn, Vegas would have been a blast. I would bring ..."

Mr. Peebles: "[i]Facebook helps Obama administration in politica ..."

Bill Clinton: ">> big boned - make a circle around your wrist wit ..."

flounderbot, rebel, vulgarian, deplorabot, winner: "[i]447 I've been to both CenTexMoMeetUps and I di ..."

Jewells45: "Damn, Vegas would have been a blast. I would brin ..."

Muad'dib: ">437 I will break my moratorium to meet with t ..."

LASue: "I see the pattern. Connect the dots and it forms ..."

Minnfidel: "Where are you located Minnfidel? Posted by: Jewel ..."

rickb223 [/s][/b][/i][/u]: "David Hogg also tweeted that he'll never take a jo ..."

Recent Entries

Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64