Leader Links: January 29, 2009Posted by Kevin on January 29th, 2009
‘STIMULUS’ BILL: House Passes Stimulus Package. The House bill is one of the largest single stimulus packages in history, almost equal to the entire cost of annual federal spending under Congress’s discretion. A parallel Senate measure, which is expected to come to a vote next week, is now valued at nearly $900 billion. Boehner lost vote, won power. As he heads into the House Republicans’ annual retreat this weekend in Hot Springs, Va., the Ohio Republican can use the stimulus as a unifying rallying cry for his decimated troops. The Entitlement Stimulus. The more we dig into the pile of spending and tax favors known as the “stimulus bill,” the more amazing discoveries we make. Namely, Democrats have apparently decided that the way to gun the economy is to spend even more on health care. GOP says its stimulus would create more jobs. Citing a new study to back up their claims, House GOP leaders announced their alternative proposal would create as many as 6.2 million jobs, more than 50 percent more than the 3-4 million jobs that Obama says his plan will create or save. Why Liberal Democrats Spend Your Tax Dollars So Merrily. Overall, given the choice between more government services and higher taxes, or fewer services and lower taxes, likely voters opt for the limited government/low tax option by the comfortable margin of 61% to 25%. Plan to delay U.S. switch to digital TV thwarted by Republicans. House Republicans voted down a bill on Wednesday that would have postponed the latest date for the transition to digital broadcasting from analog until June 12. The changeover is set for Feb. 17. GOP Congressman Introduces ‘Rangel Rule,’ Eliminating IRS Late Fees. The legislation calls for the creation of what he calls the, “Rangel Rule,” — drawing attention to the recent legal issues of House Ways and Means Committee Chairman Charlie Rangel, D-N.Y., enabling citizens who fail to pay taxes on time to do so later with no additional fees. Leader Links: January 28, 2009Posted by Kevin on January 28th, 2009
‘STIMULUS’ BILL… Obama plan hits House floor today President Barack Obama’s economy recovery plan hits the House floor Wednesday after a day of final adjustments by Democrats, adding more tax relief in the Senate and excising a handful of expenditures that have drawn the ire of conservatives. Stimulus Bill Near $900 Billion The U.S. economic stimulus package neared $900 billion in the Senate, as President Barack Obama wooed Republicans ahead of an expected House vote Wednesday. Boehner Urges GOP Opposition to Stimulus Minority Leader John Boehner (R-Ohio) urged his Conference Tuesday morning to vote against the economic stimulus bill if the measure stays in its current form, according to sources. Statement of Republican Policy on ‘Stimulus’ Bill Economic stimulus proposals should focus on job creation, small business tax relief and putting money back into the pockets of hard-working Americans. H.R. 1 fails these important tests and should be defeated. Despite Bumps, Outreach to Continue Republican sources insisted that while GOP Members genuinely appreciated Obama’s gesture in meeting with them in the Capitol, they are unable to back stimulus legislation they consider too expensive, no matter how nice the president is. Democrats Among Stimulus Skeptics Republican criticism of the stimulus package that the House will vote on tonight has focused on its soaring price tag, but some Democrats on Capitol Hill and other administration supporters are voicing a separate critique: that the plan may fall short in its broader goal of transforming the American economy over the long term. |
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