As of Wednesday, the Senate and House have negotiated a compromise on educational funding in the stimulus plan. Wednesday saw the major disagreements over the package get resolved during the negotiations. Harry Reid, the Senate majority Leader prematurely announced that a final negotiation was reaches while Nancy Pelosi later had it made public
Thursday, President Obama touted the stimulus plan and called out his critics. He said that the judgments made about it were “phony arguments” and “false theories of the past,” as reported by CNN. Obama went on to do some
President Barack Obama believes in the passing of his stimulus package. He says that despite the ongoing differences between Republicans and Democrats, the plan will be finalized shortly. Hopes are that the bill will be passed in mere weeks.
Despite no Republican backing, President Barack Obama’s stimulus plan was passed in Congress earlier today. The bill, which is intended to provide an $819 billion stimulus to the economy, received no bipartisan support as a total of zero Republicans voted for the passing of the bill.
President Barack Obama is looking to have his large economic stimulus package passed in Congress. However, questions on where the money will go may slow down the process. Furthermore, issues with the previous stimulus package under former President Bush may prevent total cooperation.