House plans to fast-track Obama plan
Politico
President-elect Barack Obama’s record-setting stimulus plan — the biggest special spending bill in history — is getting such astonishingly quick treatment from House Democrats that officials say it could go from draft to final passage in one week.
The bill has no text or details yet, but it does have a name: Obama revealed Saturday in his YouTube/radio address that it will be called the “American Recovery and Reinvestment Plan.”
The 111th Congress begins Tuesday with the swearing-in of new members. The stimulus plan — with a price tag of up to $850 billion — is likely to be ready for a vote the following week, officials said.
No draft or outline or outline was circulating this weekend, but House Democratic officials said they hope to have one by early next week.
“We are hoping for a House vote on Week 2 (week of Jan. 12),” a House official said. “It could slip if we decide to hold regular approps hearings. But I think a vote is likely the week of Jan. 12.”
Republicans are suggesting that’s too hasty. Senate Minority Leader Mitch McConnell (R-Ky.) issued a statement Friday headlined, “Protect the Taxpayer Against the Rush to Spend Their Money.”
“Every dollar needs to be spent wisely and not wasted in the rush to get it spent,” McConnell said.
And House Minority Leader John Boehner (R-Ohio) said in a statement that he was concerned the legislation would get “little debate or public scrutiny.”
“Congress should have public hearings in the appropriate committees,” Boehner said.
House Ways and Means Committee staff members worked through the holidays to prepare a framework and options. And the president-elect will travel to Capitol Hill on Monday to tell leaders what he wants included in the bill.
Obama aides want a starting point of $675 billion to $775 billion over two years, but say they recognize it could grow to $850 billion as legislators add goodies.
Obama aides want to keep it under $1 trillion, although some lawmakers think the final bill could be nearing that psychological barrier.
Theoretically, that could mean 600,000 new government jobs. But aides say that probably a lot more than 80 percent of the new jobs would be in private industry. And a lot of the government jobs would be state and local workers whom the plan saves from layoffs.
Wild Thing’s comment………
I keep feeling like if Obama could get away with it he would bump President Bush right out of his chair and kick him out of the White House early.
I don’t like that feeling at all, but it gets stronger every time I hear how anxious Obama is to get started.
House Plans To Fast-track Obama’s Record-setting…
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WTF? They don’t like the $125 Billion Price Tag for the 350 F-22 Raptors requested by the Pentagon but they want to ok this shit? Where is the opposition here? Oh yeah they just don’t listen since 75% of tht American People (whom congress seems to be doing all of this for) opposed the bailout probaby somewhere around the same will oppose this. They don’t listen to the PEOPLE. They are a few hundred lawyers who care about one thing getting elected and staying in office! If they truly want to stimulate the economy try starving and killing EVERY SINGLE social program, including, welfare, medicare social security the department of education etc. etc. etc. try following the Tenth Amendment for once in your friggin lives “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.” then cut taxes cut taxes cut taxes. I think the amount of surplus funds would be astounding then the Federal Government could use that money and use it for Defense Spending, one of the few spending powers that actually makes sense. Another thing that just @&#$%^ me off is this whole “energy and environmental debate”. I think I know what these people really want and it’s just not physically possible, really, never was never will be. They want cars to where you get more output than input. I got news for them that violates the Law of Conservation of Energy; or does basic Physics even apply in the “Energy Debate” anymore? (I’m an Army Generator Mechanic I kind of know a little something about this) As far as energy is concerned the cleanest longest lasting and most efficient is none other than Nuclear. A reactor core that can burn for 20 years and is 90% recyclable. Energy generation is only effective if you can get a constant relative motion with the conductor or rotor cutting magnetic lines of force inside of the stator. But what do I know it isn’t what works it is what is politically correct. You can’t turn a wind turbine from a California coastline in a Louisiana Swamp just Common Sense.
I guess they don’t really care who has to foot the bill for all this money given out willy-nilly, but God forbid, a normal, everyday Joe has trouble paying his bills. Damn double standards the dummys have. It’s okay for them to put our nation into debt to the tune of trillions of dollars, but we can’t go into debt without being hounded by collectors and winding up losing everything. All these money woes started at the end of Clinton’s regime, not during Bushs. He had much more to worry about than Bubba ever did because Bubba did nothing about the terror attacks and neither will Obamanation. He’ll just let us get run over by the Islam bus.
JohnE PFC you are spot on. That same reactor can power a 100 watt light bulb for 27 Million years, with 1 Kg of mass. So you have to ask yourself what don’t they get about energy.
It is the same with these bogus CFL bulbs. They use 25 watts but you’re paying for 47-50 VA(watts) of power. Before with the Edison bulb you got what you paid for. 100 watts into the bulb and 100 watts used. With these new CFLs they have a transformer which must be charged before, (and that energy- Reactive Power- is returned to the power company yet you will be charged for it), it can work.
Outside, forget it they won’t work at all in our weather in Pennsylvania, 17 degrees this morning.
If you break one you are supposed to call ‘Hazmat’. We are stocking up on incandescents, hope to have a garage full of them before 2012.
It has not been reported, but T.Boone Pickens is having second thoughts about ‘Wind farms’, he has lost a bundle so far with no return and future prospects look dim.
The bottom line is the Government wants to control every aspect of your life. This is the fast track to socialism.
We are in an economic mess. Now it is going to get much, much worse. The democrats are going to tax and spend us deeper into this mess. This money will be used to further socialism and grow government. Redistribution of the wealth.
I am afraid that we are going to see the rise of inflation, which is a form of tax itsself. As the dollar loses value so do our earnings, savings and investments.
While our economy takes it’s dump, the politicians pass more laws, rules, restrictions and taxes and spend more money to increase their power. Of course, they also give themselves pay raises to keep ahead of the economic woes.
We have a serious round ahead of us of government growth and weakening of personal liberties. This will be a fast lane on the road to socialism.
“I keep feeling like if Obama could get away with it he would bump President Bush right out of his chair and kick him out of the White House early. [When was the “last” time we had an office of “The President ‘Elect?'”]
I don’t like that feeling at all, but it gets stronger every time I hear how anxious Obama is to get started.” [Be worried. Be very, very worried!]
So far, WT, it has been very selective, though. That alone should have us ALL worried. It has me worried.
But, 52 – 57 percent of the “population” voted for him, so there he is. Our next “illegal” POTUS. For all it is worth…
I hate being a pessimist. When you look at the platforms of the Democrats, the Communist party USA and take a peek at the Soviet Union’s old Constitution it all falls into place, Global Socialism (Communism). The reason Bogus-Potus got elected is because the Commies control the educational institutions, the media, the labor unions both political parties and now all the financial institutions. You subject control by taking away affluence, you take away independence and supplant it with state doled out, jobs, grants and loans, food, energy and housing, have I missed anything on the O Vomit agenda?
JohnE PFC U.S. Army, I agree with all you said.
Lynn, I agree, and if he taxes business owners too much they will let people go to try and be able to stay in business so that will not be a good thing at all.
The American dream is something Obama really hates I pray he does not destroy all of that.
Mark, thank you so much for sharing about the CFL bulbs.
Your so right, this really is the ” fast track to socialism”.
Tom, I agree, this morning Harry Reid was on Meet the Press and he said they don’t want to be specific with the money ,they just want one lump sum. The Republicans want a record fo where the money will be spent. When I heard what Reid said all I could think of was how easily there will be democrats taking a lot of that money for themselves or some cause in their State to kiss up to groups for votes etc. So much corruption and all with our hard earned money.
BT in SA, thank you and I agree so much. I am very worried.
Jack, no you didn’t miss anything. Good run down Jack and that is exactly what it is too.
Welcome to the United States of SOCIALIST Republics with Barack Hussein Obama as dictator.
As a 51-year old conservative patriot and vet, I’d like to apologize to ‘The Greatest Generation’ for my generation of degenerates – aka: degeneration ‘x’ – and lovers of themselves, secularism, materialism, and “Hey buddy can you spare a dime… make that a mortgage payment or better yet…. socialism!”
Darth, as a 20 year old Patriot, Soldier, and American Citizen. I apologize for my generation as well. Generation Y. A generation much like X but full of youthful ideals tolerance and all that happy horse shit.
All that picture needs (thanks for the laugh!) is Emil Jones in the background saying “some people call it pork, I call it steak!”
Dumbing down of America was a plan which began with the rewriting of student history books. I escaped it because I graduated before it started, but that was two generations ago. Parents of 20 somethings were the first casualties of the intolerant’s rewriting of history with opinion lacking good morals.
Everyone needs to be responsible for their own actions and that goes both ways, you aren’t responsible for the ignorance of others. Another theme that is rampant, fueled by an overly litigious society and the “everybody wins” mentality in competition, is it’s always someone else’s fault, so it’s easy to get a heaping helping of guilt that you didn’t deserve. All you can do is try to educate them.
God bless.
Patriot Eden…”ED YOU KATE DEM?” With an inner-city public high school dropout rate of plus 50-percent? High school seniors that are forced to graduate that can’t even read nor comprehend their diplomas? But they handle their berries and remote controls wonderfully, eh? Give ’em an A+ in M-TV, VH-1 and Desperate Housewives 101?
Thanks for removing GOD from our public schools in 1964 USSC! The Supremes authorized the rotting process in a once GREAT SUPERPOWER!!
Good points Darth, but you don’t have to be in school to be educated or educate someone.
Yeah, it’s sickening.
10-4 Eden. My dad acquired his GED in the Corps after WW II… and he’s brilliant! Some ‘book smart’ idiots are simply that – book smart idiots – without common sense!