Bipartisan Push To Trim Size Of Stimulus Plan

"But broadly speaking, the package is the right size," Obama said. ... If a compromise on trimming the bill can't be reached -- or if it won't fly with ... for a popular plan to award a $15,000 home buyer tax credit pushed the overall .... Obama regarded his stimulus package as an extension of the Bush ... stimulus plan focused heavily on infrastructure projects, Obama pushed for a smaller, broader plan including almost $300 billion in tax breaks.701 But bipartisan ... Republicans were alarmed by the bill's overall price tag, despite efforts to trim it down.. CBO: Obama stimulus harmful over long haul — President Obama's economic recovery package will actually ... Bipartisan Push to Trim Size of Stimulus Plan.. Bipartisan group of senators argues for an economic recovery strategy that ... and some Democrats questioned the bill's mix of measures and its size. ... The group's package is expected to trim tens of billions of dollars in .... Perhaps in response to the heightened partisan debate in Congress ... smaller stimulus package that would cut the size of the original bill by up .... The tax cut bill created a bitter partisan battle, while the budget measure ... a package of this size to have an impact on spending and output.. GOP's McConnell Sees Hope For A Stimulus Plan ... At the time, McConnell, a conservative first elected in 1984, spoke of bipartisanship and cooperation. But he ... Obama has proposed a $300 billion tax cut — an element that may help win ... Overview · Finances · People · Press · Public Editor · Corrections .... Bipartisan Push to Trim Size of Stimulus Plan. Hide caption. Senator Richard J. Durbin of Illinois pulled out a page from the proposed stimulus package to .... The American Recovery and Reinvestment Act of 2009 (ARRA) (Pub.L. 111–5), nicknamed the Recovery Act, was a stimulus package enacted by ... Press reports suggesting that the Recovery Act spent $1.191 million to buy "2 pounds of ham" are wrong. In fact, the ... "Tax Cut Extension Bill Wends Its Way to White House".. But administration still seeks bipartisan compromise. By ... The Bush administration has called for a package of tax cuts totaling between $60 ... that too large of a stimulus could backfire against the economy by pushing up long-term interest rates. ... meanwhile, is unlikely to embrace the shape or size of the House measure.. The deal also includes a payroll tax cut for workers in 2011 that would trim ... and vice president in working with Republicans on a bipartisan plan to ... rival Obama's nearly $800 billion stimulus package in size — and none of ... To further sweeten the package for Democrats, the White House also pushed for ...

Obama's Push for a Bipartisan Stimulus Plan Leaves Some Democrats Wary ... and the size of the tax cut component compared to the spending package, the .... Senate Republicans push alternative stimulus plans ... Senators worked throughout the day to find a bipartisan deal. ... Susan Collins, were working together to cut some spending measures that have been criticized as being .... The House passed an $819 billion stimulus bill that would extend the federal ... Video: Bipartisan Support Absent from House Vote. Either bill, if enacted, would push the federal debt toward levels not seen since the second World War. ... "stale political arguments" over the size and reach of government.. lost seven Democrats and still passed the stimulus by a comfortable 246-183 margin ... For that, he had to trim $108 billion from the Senate bill and tens of billions more ... just how difficult getting to 60 can be, regardless of the size of the majority. ... of the economy by having a stimulus package passed in such a partisan way .... Bipartisan Push to Trim Size of Stimulus Plan New York Times | The centrists have just a few more hours to try to strike a deal. Otherwise Reid will force a .... WASHINGTON — A bipartisan group of senators worked furiously in ... to cut the cost of the more than $920 billion economic stimulus plan.. First, he said, President Obama's proposal had bipartisan input from ... We need to cut business taxes. ... "Right now — given the concerns we have over the size of this package and all of the spending in this package — we don't think it's going to work. ... Obama Pushes $825B Economic Stimulus Plan Jan.. President Barack Obama showed he is willing to cast aside talk of bipartisanship and flex Democratic muscle to push opposition Republicans ...

How It Worked. ARRA had three spending categories. It cut taxes by $288 billion. It spent $224 billion in extended unemployment benefits, education, and health ...

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