House Liberals Have Already Decided on Stimulus IITuesday, March 10th at 4:17PM EDTHouse Dems eyeing another stimulus bill
At a special meeting of the Democratic Steering and Policy Committee on Tuesday morning, Democrats heard again from their trusted band of economists and came away reinforced that Congress would need to spend billions of additional taxpayer dollars in the coming months to help pull the economy out its severe recession.
One proposal being considered is an additional economic stimulus bill. Just last month, President Obama signed a $787 billion stimulus measure that Democrats contended was needed to save or create 3.5 million jobs and that Republicans derided as nothing more than debt-spending on wasteful federal projects…
House Speaker Nancy Pelosi (D-Calif.), standing with members of her leadership team by Zandi’s side, said she agreed that another stimulus bill is being considered.
“We have to keep the door open,” Pelosi said. “The word of the day is confidence. Confidence in our markets, confidence in lending, confidence in our financial institutions.” Full Article
Tuesday, March 10, 2009
Pelosi is spending trillions... ready to spend much more
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Apparently spending one BILLION dollars an hour and quadrupling the budget deficit in one year just isn't enough for the Speaker.
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