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Democrats shut out GOP, fix final price tag for Generational Theft Act

Posted 11 Feb 2009 in economy

toon021009
Amazing. A $789 BILLION dollar price tag, and the AP calls it “pared down”?

Stimulus pared to $789 billion in race for deal
House and Senate negotiators agreed to pare economic stimulus legislation below $800 billion and reached for a final deal with the White House on Wednesday on a bill designed to create millions of jobs in a nation reeling from recession.

“Time’s getting short,” said Sen. Susan Collins, R-Maine, one of a handful of Senate moderates whose votes are crucial to the bill’s passage.

As if to underscore the urgency, President Barack Obama said executives at Caterpillar Corp. told him they would rescind some of the 22,000 layoffs they recently announced once the stimulus is signed into law.

Several Democratic officials said there was an informal deadline of Wednesday afternoon for at least tentative agreement on an overall bill, a time that coincided with a scheduled formal meeting of House and Senate negotiators.
The real decisions were made in Capitol office suites where House Speaker Nancy Pelosi, Senate Majority Leader Harry Reid and other key lawmakers, often joined by White House officials and their own aides, worked late Tuesday night and picked up again in the morning.

Sen. Max Baucus, D-Mont., one of the negotiators, said there was agreement to hold the bill to $789 billion, tens of billions below the cost of both the House and Senate bills that had cleared in recent days, and that 35 percent of the total would be in the form of tax cuts.

Red State has more about the “deal”, which was due to a freeze-out of the GOP. (h/t: Michelle Malkin)

I would like “to come as close as you can in the political reality to a bipartisan management of the House,” said Nancy Pelosi in 2006. “I’m a big believer in bipartisanship on so many issues. You can’t address [most issues] and do it in a partisan way. They are too big, they involve too many people, and they involve too much money, private and public money. You’ve got to do it in a way that has legitimacy.”

This morning, a very senior contact within the House GOP informed me that Nancy Pelosi (D-CA) and Harry Reid (D-NV) met at length last night to put together the House/Senate conference report on the “stimulus” package. Only Democratic conference committee members were informed of the meeting and permitted to attend.

Is this the transparency and accountability you’ve been telling us about, President Obama?

Posted by FullMetalPatriot
12th gen. American, Constitutionalist, Harley-riding Texan, gun owner & NRA member, blogger, illustrator, Florida Gator alumnus. #TCOT

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