Barack Obama speaks during a town hall meeting in Fort Myers, Florida. The US Senate narrowly voted in favour of Obama's spending plan. Photograph: Jim Watson/AFP
The Senate Republicans are an issue ! They have to be defeated in 2010.
Senate Stimulus Costs Less, But Adds More Debt (click here title to entry - thank you)
by Liz Halloran
NPR.org, February 11, 2009 ·
·Although the Senate's $789 billion economic stimulus package has a lower price tag than the House version of the bill, it would add more to the federal deficit over the next decade, according to a new analysis.
The Congressional Budget Office says the stimulus packaged passed by the Senate on Tuesday would add $19 billion more to the nation's cumulative deficit over the next 10 years than would the $820 billion House measure, approved in late January.
Why?
by Liz Halloran
NPR.org, February 11, 2009 ·
·Although the Senate's $789 billion economic stimulus package has a lower price tag than the House version of the bill, it would add more to the federal deficit over the next decade, according to a new analysis.
The Congressional Budget Office says the stimulus packaged passed by the Senate on Tuesday would add $19 billion more to the nation's cumulative deficit over the next 10 years than would the $820 billion House measure, approved in late January.
Why?
Because the Senate version relies more heavily on tax cuts, according to a letter CBO director Douglas Elmendorf sent to congressional leaders Wednesday....
