WASHINGTON (CNN) – House and Senate negotiators have reached agreement on an economic recovery bill, Senate Majority Leader Harry Reid said.
Watch: 'This is the right thing to do,' senator says
"The bills were really quite similar, and I'm please to announce that we've been able to bridge those differences," said Reid, the Senate Majority Leader.
"Like any negotiation, this involved give and take, and if you don't mind my saying so, that's an understatement," he said.
Negotiators worked late into the night to iron out differences between the two versions of the stimulus bill.
From CNN Politics
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We`ll see what" trickles down'
America voted for change! Good job folks! I think the people's voice is finally being heard.
The Republican pigs will always be a party of no. If it meant throwing their mother under the bus to win political points then they would.
Bye Bye Exile party
You are tough Reid. Good for you Pelosi.
Thanks to Collins & Snowe.
Hail the chief to Obama
and get off the train to all useless republicans.
but will it actually DO anything to help.....
You forgot to mention how bi-partisan they were...
Oh ya, that's right, there wasn't a SINGLE republican in the room when they did this in the middle of the night.
-1 for CNN's journalism!
seeeeeeeee!! rational people can put there differences aside and work together! job well done!
Here's some of what the GOP forced out of the bill:
$40 billion for state fiscal stabilization (i.e. protecting public employees from layoffs)
* $19.5 billion for school construction (creates jobs)
* $5.8 billion for health prevention activity (creates jobs and saves money in health care costs)
*$3.5 billion for energy-efficient federal buildings (creates jobs and saves money on energy costs)
* $2 billion for health information technology grants (creates jobs and helps bring our health care system into the 21st century, saving us money)
* $2 billion for broadband (maybe creates jobs, but hey, if you can keep a bunch of people in the dark without digital tv, so much the better for the GOP right?)
* $1.2 billion to retrofit public housing (creates jobs, but hey, screw all them poor "handout takers," right GOP?)
Rush is hoping, for political purposes, that the stimulus bill fails to help the economy so that his dream of Obama failing will be proven true.
I do not mean to sound sardonic but it looks like Obama and his gang seems to be almost at border of desperation, willing to push or infuse this so called stimulus to the taxpayers even by means of rectal lavatory procedure (enema).
God only knows,…if they were bold enough to go the extremes to fraudulently win the elections,(remember ACORN among other things?)…perhaps they are willing to do others things too.Actually nothing takes me for surprise.
Please , nobody gets agitated , is just,…. a ‘light scapade’…just like the tax cheating,…a 'small overlook', right?.
Respectfully,
Daniel Cabrera
Merrillville, Indiana
Amen....I can't wait to hear the bitching and moaning from Bohner, McConnell, Kantor and all the right wing-nuts that think it should be their way or no way.
Thank you to those who actually negotiated in good faith, and thanks to Obama for the vision and framework that Congress pursued.
@ Debbie
My god woman, do the math!!! $1M x 350M people = $350 TRILLION.
Obama, Pelosi, Reid, and the two Maine Senators have sold our children and grandchildren into slavery. The Pok bill has nothing to create and save jobs; forstall foreclosures; or save retirement savings for millions of Americans. This is the biggest pork feat in the history of this country, and could lead to a longer recession, as it did in Japan in the 90's when that country quadrupled its debt trying to spend its way out of a recession. I'd like to see Mr Obama explain to the unemployed auto worker in Michigan how $50 million for new TSA uniforms is going to help him find a job; or how $2 million for neon signs for a larger contributor of Senator Reid helps people in Fort Meyers who are losing their homes' or how $25 million for Pelosi's California ATV bike paths will help fund jobs in Indiana. Obama has succumbed to the dark side of DC. He has sold his ethics and morals to the highest bidder.
err i wouldnt quite call the the National Institute of Health a pet project – maybe you should get educated on what the NIH does – I work there – I would know.
President Chicken Little is still yelling that the sky is falling. We are facing Armageddon. The end of the workd is near.
This bill is a bank heist of taxpayer money, and the head of the gang is Obama.
Let's all wait about six months, and then ask middle America is they see or feel any difference - not a chance.
God bless you, Sen. Specter, Collins and Snowe!!
You are all gonna be heroes before the year is up!
My advice to all three of you Republican Mavericks – GO INDEPENDENT!!!
Do not allow the Repugs in your party to threaten you, or hold you hostage.
For in an Independent position you can best serve your constituents, and be free to vote your consciences.
I applaud your courage in the face of bullying and threats! Don't worry – you will be the heroes, and the other obstructionists will look like the moronic fools that they are!
KUDOS to those that support this Bill – we appreciate you more than you'll ever know. And to those that don't /didn't support it...your career is over.
Consumer spending is the basis of running a consumer based economy ! Government spending is the result of collecting tax revenues from consumers. We are now going to bypass the main component of or system. The consumers will get nothing but tax huge tax burden.
Why don't these idiots throw their Political Warchests behind this idea if it is so great ?
I just want to know one thing...does Sarah Palin approve of it ?
For all you folks still hoodwinked by the fast talking community organizer from the South Side, you voted for change, and in about 4 years that is all you have in your paycheck, retirement account, and in your pockets as this country races towards insolvency and socialism.
The one saving grace – Obama will not run for a second term.
Louisiana Gov. Bobby Jindal
I wonder if HADJI is going to bring the rest of his crew?
Jonny Quest
"Race" Bannon
Dr. Quest and Bandit
Some goof ball at the top said that the Dems passed this in the middle of the night. What planet is he from? He's just a sore loser. The Democrats will get this thing going and they don't need the Republicans to help them.
Thank God the American people finally saw the light and voted for change. It's just too bad that they didn't see it 4 years ago. We might be at a point where President Obama wouldn't have to be doing all this clean up that Bush and the Republicans have made...and they almost destroyed this country on the way. I hope the American people never forget that it was George Bush and the Republican party that got us into this mess.... never forget.
'bout darn time. The GOP did its best to desroy the national (and the world) economy in their psychotic quest for power. The forces of light stopped them. Phew....
Thank God!
'bout darn time. The GOP did its best to destroy the national (and the world) economy in their psychotic quest for power. The forces of light stopped them. Phew....