WASHINGTON (CNN) – The Obama camp is calling the president’s supporters into action behind his agenda for the first time since his inauguration.
Organizing for America — the former campaign apparatus that is now a two-week-old arm of the Democratic National Committee — is sending an e-mail to anyone who was involved with an Obama house party during the campaign season, asking them to host similar gatherings next weekend to push for the president’s economic stimulus plan. That package, which passed the House this week without Republican support, is currently being considered by the Senate.
(CNN) –- Even if they disagreed on the stimulus bill, President Obama and a dozen bipartisan members of Congress can agree on the post-vote agenda: the group will raise their glasses at the first cocktail party in the new president’s White House on Wednesday night.
The president and first lady were slated to host a reception for the leaders from both houses of Congress and their spouses this evening, after the House voted on Obama’s $819 billion economic stimulus package. The cocktail reception is scheduled to start around 7 pm.
WASHINGTON (CNN) - The House of Representatives Wednesday passed President Barack Obama's economic stimulus package, sending the $819 billion bill to the Senate, where it will face more opposition from Republicans. The vote was mostly along party lines.
NEW YORK (CNNMoney.com) – President Barack Obama will face the first real test of his push for a stimulus package on Wednesday, as the House of Representatives prepares to vote on the bill later in the day.
Obama and House Democrats etched out plans for an $825 billion package in the weeks leading up to the president's inauguration, and two House committees have amended and modified the provisions for $550 billion in spending and $275 billion in tax cuts over the last two weeks.
House Speaker Nancy Pelosi on Tuesday called the bill "most critical piece of legislation [Congress] will consider this session," arguing that the bill supports jobs, tax cuts and accountability to taxpayers.
WASHINGTON (CNN) – President Obama is taking a hands-on approach in shaping the $825 billion economic stimulus package under consideration by Congress, urging his fellow Democrats to take out provisions he feels are unnecessary and controversial, according to a senior administration official.
An Obama aide said the President has personally called House Democratic leaders recently to urge them to remove a $200 million family planning provision which would have made it easier for states to use federal funds to provide contraception for poor families.
NEW YORK (CNNMoney.com) – President Barack Obama offered more detail on his plan to restore economic growth Friday, saying the economic stimulus program being debated in Congress is just one of at least three parts to his recovery plan.
In a meeting to discuss the stimulus proposal with Vice President Joe Biden and Democratic and Republican congressional leadership, Obama said America also needs an improved financial system stability program as well as financial market regulation reform.
"The recovery package that we're passing is only going to be one leg in, at least, a three-legged stool," said Obama. "We are also starting to put in place the kinds of reform elements – oversight, transparency, accountability – that's going to be required in order for the American people to have confidence in what we're doing."
NEW YORK (CNNMoney.com) – The congressional battle over President Barack Obama's unprecedented and far-reaching plan to spend $550 billion to jolt the economy will begin in earnest on Wednesday.
The House Appropriations Committee will meet to consider the spending portion of the House Democrats' $825 billion economic recovery proposal. The meeting will be the first time House Republicans will get to formally weigh in with their concerns about - and changes to - the legislation.
The hearing marks a crucial step in what is likely to be a compressed debate over what is one of the most complex and expensive spending plans ever introduced.
WASHINGTON (CNN) – A new national poll indicates that nearly six in 10 Americans support an increase in spending to pump up the economy, and even higher levels of support for a plan that also involves tax cuts.
Fifty-eight percent of those questioned in a CNN/Opinion Research Corporation survey released Sunday say they favor increased government spending to stimulate the economy, which has been in recession for more than a year.
Four in 10 of those polled oppose increased spending of taxpayer dollars.
Support for the stimulus plan jumps 13 points to 71 percent when tax cuts for individuals and businesses are added to the package, and opposition drops 12 points to 28 percent.
NEW YORK (CNNMoney.com) – After weeks of talks with President-elect Barack Obama's top aides, House Democrats on Thursday released a summary of an $825 billion economic recovery package that calls for $275 billion in tax cuts and $550 billion in spending and aid to states.
House Speaker Nancy Pelosi, D-Calif., again expressed confidence that Congress would reach the mid-February deadline for getting a bill to Obama's desk.
But, she noted, "this [package] is just the first step."
WASHINGTON (CNN) - Barack Obama is not only having trouble getting fellow Democrats to give him the remaining $350 billion dollars in financial bailout funds.
Now he has a growing Republican problem.
Some half a dozen Republican Senators who voted for the financial rescue in the fall tell CNN that they plan to oppose it this time.
“I think it would be very difficult voting for the TARP funds because in the first $350 billion, there was no transparency. We don’t even know how it was spent,” Nevada Republican Sen. John Ensign told CNN.
Ensign said he believes most Senate Republicans will oppose approving the rest of the bailout funds.