Stimulus Agreement: $789.5-Billion Price Tag

Wow, that's very low.

Man I am impressed only $789.5 billion.

STILL WAY TO HIGH. AND THIS IS NOT A RECOVERY BILL.

Yet the John Cornyns of the Grand Obstructionist Party will continue to refer to the bill as "more than a TRILLION dollars"...

What about the nationalized healthcare they snuck in?

J.S.
After interest this bill will be more than a trillion.

this coming from George? sorry don't believe you.. you are the democrat puppet and will parrot whatever Rahm tells you to tell us from your morning conference calls.

plus, the WH still has to do their approipration request for 2009, and whatever they add (last heard it was close to 500 billion) add that to the stimulus and the number adds up...

Did you get that in your morning conference call with White House this morning while you were discussing strategy?

JS: it will be over a trillion when you figure in the finance costs of over 300 billion. get informed dimocrat.

There is a demoratic representative who introduced a much better stimulus pkg that runs in the area of around 250 billion. He did it for all of America but he is being silenced and shot down by the rest of the democrats who want to use this "stimupork" to pay back those who put them in office and keep the American citizenry enslaved to govt welfare programs that will plague this nation with massive deficits leading to a morally and financially bankrupt nation who has sold itself to China. Temporary,Timely, and Targetted. Yes you sheep are and yes they can.Call your representatives and tell them no way no how and no place! Vote no on this payback package to democratic lackies. This can be done better,with better results, and in a timely matter-do it now and lets vote this piece of crap down!

Great move, taking out tax cuts....that's exactly what we need MORE of....stupid, stupid stupid...My country is being hung out to dry.

CTAY-

yeah he is a new representative, last name Minnick- a blue dog democrat and was 1 of the 11 that voted no in the house. he propsed that about 75 percent will go towards jobs and once the economy gets rolling then the stimulus, whatever is left is disolved.. it was a good plan and Obama lied when he said he didn't hear anything better offered...

People need to wake up. This stimulus bill is going to destroy this country. The hope and change crowd does not know what they have done.

i am just curious, didnt Obama run on a "95 precent of you will get a tax cut" platform?? why is it that the democrats run on that platform they always backtrack? why? they need to stop running on a "tax cut" platform.. Clinton did it then had to backtrack, so did Bush Sr.

George can you be considered a journalist if you speak with Rahm every morning to discuss how he can frame the President's message to the public? Do you think any of this is funny?

nationalized healtcare was snuck in.. so if you are old and not healthy, you are SOL (so out of luck). Drs have to get the federal gov't "ok" before recommending treatment. the Gov't is going to decide if we can get treated or not.

While President Barack Obama goes on the road to shore up slipping popular support for the $1 trillion stimulus porkfest that he ordered up from Senate Majority Leader Harry Reid and House Speaker Nancy Pelosi, Rep. Walt Minnick, a freshman Democrat from Idaho, is pushing a better idea: The Strategic Targeted American Recovery and Transition Act (START).

Minnick is a member of the Blue Dog caucus of occasionally conservative DEMOCRATS. His START plan is a $170 billion “bare bones” pure stimulus approach that would put $100 billion immediately into the pockets of low- and middle-income Americans, then use the other $70 billion for basic infrastructure projects that create jobs. START requires that all funds not spent by 2010 be returned to the Treasury. START also stops stimulus spending when the nation’s Gross Domestic Product increases in two of three previous quarters, and all START payments are required to be posted on a public website.

Minnick introduced START as an alternative – just in case the legislative process stalls out, says press secretary John Foster. As one of the brave 11 Democrats who voted against Pelosi’s stimulus bill, Minnick explained to folks back home that he opposed the speaker’s version because it was so “Christmas-treed up” with wasteful spending, like $300 million for golf carts. Foster told The Examiner that the House leadership encourages members to do what’s best for their districts, so there has been no backlash. We’ll see how long that lasts.

If they bothered to cover Minnick, the media would have to report that a DEMOCRAT managed to scrape off 5/6ths of the current stimulus package in FAT AND WASTE. Minnick eliminated almost $700 billion from the current compromise bill in the Senate by just focusing on TRUE STIMULUS SPENDING and limiting the scope of the bill to a single year. That should get some attention, if not to boost Minnick’s proposal, then at least to do some comparisons between the two packages to highlight the pork-barrel spending and waste that Pelosi, Reid, and Obama want railroaded through Congress.

i know Armando. it is a disgrace. and George calls himself a "objective journalist".

i urge you guys to email, call and complain about this and put pressure on ABC to have George excuse himself from reporting on the WH administration

But does Pelosi end up killing a compromise in the end? Shaving what will probably end up as $100 billion of the package can't sit well with the liberal crowd in the House.

http://www.political-buzz.com/

TARP 1 & 2 = $700 Brillion
Stimulus = $800 Billion
Financial system = $2 Trillion (From Treasury Secretary yesterday)
Normal Spending = $500 Billion (estimate)

Total $4 Trillion + interest and counting

You can’t spend money that you don’t have. Section 8 of the Constitution gives Congress the power to borrow money on the credit of the United States, however if any of the credit rating services were giving a credit rating to the United States after this spending I can’t imagine it being a three digit number. The country won’t have a credit rating after this administration is finished robbing the taxpayers.

It will be over 1 Trillion....anyone ever heard of the cost of borrowing? Interest, anyone.

So, we reduced taxcuts/incentives...and increased spending. That makes a lot of sense....liberal social engineering sense.

I wonder if the healthcare takeover initiative is still part of the bill?

Maybe our three Republican squid spines will take this opportunity to use a little common sense and back out.

"this coming from George? sorry don't believe you.. you are the democrat puppet and will parrot whatever Rahm tells you to tell us from your morning conference calls."

These "morning conference calls" with Rahm get endless talk on George's threads. Who is telling you people to keep mentioning this? You are obviously getting your talking points from the same place. I'm just curious, because it sounds like an exhibit at the zoo which might be entertaining to view.

and poor Minnich was scolded.

i hope he stands firm and continues the good fight.

Minnick- next time speak louder and louder and louder eventually you will be heard.

Those evil Republicans left me a $1 Trillion federal deficit.

Pass my $3 Trillion deficit or the economy will collapse!