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Pols: No Stimulus By Jan. 20

Republicans voice opposition to Obama's plan

By Laurel Jorgensen, Newser Staff

Posted Jan 4, 2009 6:58 PM CST

(Newser) – President-elect Barack Obama’s massive economic stimulus bill may not move as quickly as Democratic leaders had hoped, Politico reports. Republicans began suggesting alternatives to the plan today, and House Democrats now say they likely won’t vote on the bill until the week of Jan. 19 or later. Obama’s plan calls for creating or saving 3 million jobs in two years.

On ABC’s This Week, Senate Minority Leader Mitch McConnell said that the proposed money for states should possibly be a loan rather than a grant because it would “make them spend it more wisely.” Senate Majority Whip Dick Durbin said an aggressive stimulus was needed: “To be meek in our approach may have the opposite effect. We may spend a little money and not really turn this economy around.”

Senate Majority Leader Harry Reid said on "Meet the Press'" Sunday, Jan. 4, 2009, that he wouldn't set a deadline for completing the economic stimulus bill. (AP Photo/Meet The Press)

In this photo provided by ABC News, Sen. Mitch McConnell, R-Ky., appears for an interview with George Stephanopolous on ABC's This Week, in Washington, Sunday, May 20, 2007. (AP Photo/ABC News)

Citing an "economic crisis of historic proportions," Barack Obama urged Congress to pass a costly, job-creating stimulus bill as quickly as possible. (AP Photo/Charles Dharapak)

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Pols: No Stimulus By Jan. 20

Republicans voice opposition to Obama's plan

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GOP: Spare Us Stimulus Sequel

Republicans court Blue Dog Dems to fight further spending

House Dems Debut $825B Stimulus Bill

Public works, education get plenty of attention in measure

Obama's Cure Not Potent Enough for Economic Ills

Call for bold action on economy followed by plan that falls a long way short

Krugman: Obama Can't Take Crutches Away Too Soon

Government must remain involved for economy to gain new footing

Next Stimulus Plan Will Hinge on Spending

Sum may push $1T; economists say tax breaks not as effective

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Pols: No Stimulus By Jan. 20

Republicans voice opposition to Obama's plan

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OTHER STORIES ON OUR RADAR

Mitch McConnell • recession • Dick Durbin • economic stimulus package • financial crisis • President Obama

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

GOP: Spare Us Stimulus Sequel

Republicans court Blue Dog Dems to fight further spending

House Dems Debut $825B Stimulus Bill

Public works, education get plenty of attention in measure

Obama's Cure Not Potent Enough for Economic Ills

Call for bold action on economy followed by plan that falls a long way short

Krugman: Obama Can't Take Crutches Away Too Soon

Government must remain involved for economy to gain new footing

Next Stimulus Plan Will Hinge on Spending

Sum may push $1T; economists say tax breaks not as effective

About Us

Site

Newser By Users

Community

Site Maps

Tools

More News

What is Newser?