WASHINGTON (CNN) - The Senate voted 61-37 to approve President Barack Obama's proposed $838 billion economic stimulus bill Tuesday.
The measure will now have to be reconciled with an $819 billion version the House of Representatives passed on January 28.
Right Val! We visited Russia just at the beginning of its rise out of socialism. It has come a long way!
I can't believe the majority of Americans will continue to fall for the obfuscating rhetoric of the arrogant Obama! He is either carriying water for the far left-wing democrats or he is one of them? :(
*The democrats don't want to end this economic downturn quickly.
*They want to create more "moral hazard" very similar to the housing debacle that created this mess in the first place!
*They want to dribble out bucks to entice people to again make unwise spending choices instead of paying down their debts and saving.
*Why? They want people to get people used to depending on Uncle Sam to provide for them. Gradually they would have us accept cradle to grave government dependence/control!
Well America is this the change you believe in?
Why can't the government just say ALL mortgages are now at a 4% interest rate. Across the board all payments would be lowered, the banks would still be making money, and more people could afford to make their monthly payments. Oh, and yes, it wouldn't cost the taxpayers any more money!
if that package works, the repubs will be history
We as a people need to realize that the problem with our economy is that it is built upon debt. Trying to fix this by spending money will not work. We need to save money, we need to completely rethink how we spend money and buy things.
To much money has been borrowed and now we are seeing the consequences of this upside down pyramid of borrowing. Until our savings rate increases, we realize we don't need a shopping mall every 15 miles, and people (and our government) learn to live within their means, we will have these problems.
These stimulus packages are just band aides on a gaping wound.
As the saying goes, we have found the enemy and it is us.
Luckily I am old and will only have to endure a decade or so of this disaster caused by the "intelligent" president.
LOL!!! Almost fell out of my chair. My dog has more sense.
Thank you Sens. Olympia Snow, Susan Collins, and Arlen Specter. If there is anything I can do to help you, just let me know. The robocallers are out to get you, I know.
Obama is offering a woman in Florida a chance to "see his staff" about getting her a kitchen, bathroom and a car. Where is the outrage people? that's your money he is offering up–not his.
And in response, the stock market FALLS. Wall Street doesn't like this Obama turkey! And neither do I!!!!!
The stock market doesn't seem too happy about it.
I have never heard such whining and crying in my life from a President whose party controls the House and the Senate.
The sheer ignorance on these comments are just sad.
You know nothing of economics, and you blame the wrong entity for the real problem.
Only one person can help you understand the problems at hand:
He, unlike the bloggers here, actually has answers, like why this collapse is 35 years in the making, and not "repukes" faults (entirely).
Use your head, that is that lump that's three feet above your butt, and many Americans simply don't learn or think any more.
@ Val in MA
This isn't socialism. Please look up the word, its history and philosphical underppinning...and maybe stop pretending to be from Russia while you're at it...altho that was a cute attempt..."In Soviet Russia, economy buys you." Yeah yeah...we've heard Yackoff Smirnoff's schtick before. You might also want to stop using election rhetoric from the guy who lost the election.
The Repubs are pure kkk simple and short. They voted for bush billions including hundreds of pork billion and today they want the new president to fail in his bid to revamp the battered and messed up economy handed over to him this same kkk repubs. Mccain voted for Bush 95% of the time to drive the economy off the cliff into a ditch. today he would not support genuine effort to revamp it.
Sens. Collins and Snowe should just bolt the rushpublicans and become independents.
Let me see.....mentioning Iraq War Veterans in the same sentence as people and institutions that we doing risky (maybe unethical) business. Disgraceful!
One question how much of the money is going to reach the homeowners that are about to lose their homes? ZERO. I thought this is what is was all about. I guess it is more of the same of political talk.....help the businesses and organizations (ACORN) that got the politicians elected. The change we need!!!!!!!!
Feel free to jump on a plane any time you "want your country back". I'm sure Putin will welcome you with a big bottle of Vodka.
If this Bill is so good for America then why did the DOW tank over 300 points? If it is so good for us average Americans, then why do I feel sick about what my grandchildren will inherit? If it is so good then why is the President reverting back to this campaign rhetoric and campaign rallies to push it down our throats?
Oh, I know...it is full of wasteful spending...not targeted spending to create jobs but sheer Pelosi pork. May God help us. We need a stimulus bill...this just isn't the right one.
Great day in American, now I hope we can begin on rebuilding our nation. Memo to the RepublicanA: "THE PEOPLE HAS SPOKEN"
I don’t know anyone who wanted the stimulus bill, but most of us felt it was needed. The issue was not what was best for Obama or the Democratic party; it was what was best for the country. The Republican base seems to think what is not good for their party is not good for the country. That position is not simply wrong; it’s illogical. It was Republican fiscal policy that got us in the jam that we’re in. Where were all the fiscal conservatives when Bush & Co. were driving the economy into the ground? (Answer: They were supporting Bush!)
And to those who think that one must be a conservative to be a “real” American, may I remind you that this country was founded by liberals (e.g., Jefferson, Franklin, Adams, etc.). It was the conservatives who wrongly argued that being a British citizen was more important – and more profitable – than being a free American citizen.
People...don't quit your day jobs at McDonalds. This is just 838 billion of our tax payer dollars going down the drain.
STEVE...you have my vote for Treasury Secretary or head of the GAO. Let's start by cutting the pork in Congress and the Senate and..Foreign Aid ought to be scrapped until this nation is back on it's feet again.
REPUBLICANS HATE AMERICA AND THEY WILL BE VOTED OUT IN 2010.
JUST YOU WAIT!
YES WE CAN!
We need to give President Obama a chance to return sanity to our country. There is no way anyone would want eight more years of the same, and we can't just sit and do nothing while everyone loses their jobs. What would the naysayers have us do?? This is a smart man, with smart advisors. Give him a chance.
Wow! Is our country divided or what? First of all let me say that those of you who post comments without proofreading them should be ashamed of yourselves! It makes you look very ignorant. It makes it hard to take what you say seriously.
Let's give this plan a chance, folks. The last eight years have been disastrous. Nobody - not even Obama - can fix this mess quickly. Let's all have a little patience and give our new leaders some time. What about this bill makes people think we're becoming a socialist nation? For those of you who commented about how you came here and now you don't like it...go back to where you came from! I'm sure things are still much better here than the place you came from.
Excuse me while I go write a congratulatory email to my Senator, Arlen Specter!
"Val in MA" you are not from "Soviet Union". If you were.. then you will know how to spell it. You are just a misguided Republican lying as usual.
Thank you to the three brave Republicans who voted for the stimulus bill. For those crying socialism or worried about the national debt, look what happened during the last eight years! –A huge growth of the federal government, a doubling of the national debt. But NOW that millions of Americans are losing their jobs and need help desperately these same conservatives are wishing for a return to the good old days. Are they really foolish enough to miss Bush and his policies?President Obama gets alot of credit for clearly seeing the crisis we're in and he's not afraid of taking bold action to get us out of it. If McCain had won the election many more Americans would have lost their homes; And most of us only have enough money to own one.
To everyone who keeps saying this is just a bandaid,,, YES. It is! Unfortunatly until this economy turns, the people whom are out of work and are having problems keeping a roof over their heads and food in their bellies are going to need something.