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Title: Obama: "Stimulus bill major milestone on our road to recovery" [whoopee!]
Source: [None]
URL Source: http://www.huffingtonpost.com/2009/ ... mulus-bill-major_n_166935.html
Published: Feb 14, 2009
Author: David Espo
Post Date: 2009-02-14 10:33:40 by christine
Keywords: None
Views: 294
Comments: 8

WASHINGTON — President Barack Obama, savoring his first major victory in Congress, said Saturday that newly passed $787 billion economic stimulus legislation marks a "major milestone on our road to recovery."

Speaking in his weekly radio and Internet address, Obama said, "I will sign this legislation into law shortly, and we'll begin making the immediate investments necessary to put people back to work doing the work America needs done."

At the same time, he cautioned, "This historic step won't be the end of what we do to turn our economy around, but rather the beginning. The problems that led us into this crisis are deep and widespread, and our response must be equal to the task."

The bill passed Congress on Friday on party-line votes, allowing Democratic leaders to deliver on their promise of clearing the legislation by mid-February.

Obama "now has a bill to sign that will create millions of good-paying jobs and help families and businesses stay afloat financially," said Sen. Max Baucus, a Montana Democrat who was a leading architect of the measure.

"It will shore up our schools and roads and bridges, and infuse cash into new sectors like green energy and technology that will sustain our economy for the long term," he added in a statement.

Hours earlier, Senate Republican Leader Mitch McConnell offered a different prediction for a bill he said was loaded with wasteful spending.

"A stimulus bill that was supposed to be timely, targeted and temporary is none of the above," he said in remarks on the Senate floor. "And this means Congress is about to approve a stimulus that's unlikely to have much stimulative effect."

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Begin Trace Mode for Comment # 4.

#1. To: christine (#0)

At the same time, he cautioned, "This historic step won't be the end of what we do to turn our economy around, but rather the beginning. The problems that led us into this crisis are deep and widespread, and our response must be equal to the task."

How nice. At least he is letting us know that the reaming has only just begun.

PSUSA  posted on  2009-02-14   10:36:51 ET  Reply   Untrace   Trace   Private Reply  


#3. To: PSUSA (#1)

The problems that led us into this crisis are deep and widespread so we're going to double down on those same problems.

What's worse are the people that believe him.

Rotara  posted on  2009-02-14   10:39:13 ET  Reply   Untrace   Trace   Private Reply  


#4. To: Rotara (#3)

What's worse are the people that believe him.

Many of whom distrusted politicians and DeeCee before His arrival. His color sure did help the socialist band wagon.

Jethro Tull  posted on  2009-02-14   10:47:56 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 4.

#5. To: Jethro Tull (#4)

What's worse are the people that believe him.

Many of whom distrusted politicians and DeeCee before His arrival. His color sure did help the socialist band wagon.

Deep down, their true colors can't be hidden.

Rotara  posted on  2009-02-14 10:48:34 ET  Reply   Untrace   Trace   Private Reply  


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