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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (454183)2/4/2009 5:57:23 PM
From: Road Walker  Read Replies (2) of 1572629
 
I watched a good part of this... it was good. He has to figure a way to get to the people; the Republicans have so many more media outlets that are one sided, while the MSM is compelled to 'show both sides' even when it doesn't make sense.
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Obama responds to GOP critics of stimulus bill
By ANDREW TAYLOR, Associated Press Writer Andrew Taylor, Associated Press Writer
7 mins ago

WASHINGTON – Polite yet pointed, President Barack Obama pushed back against Republican critics of the economic stimulus legislation making its way through Congress on Wednesday, even as he reached across party lines to consider scaling back spending in the bill.

"Let's not make the perfect the enemy of the essential," Obama said as Senate Republicans stepped up their criticism of the bill's spending and pressed for additional tax cuts and relief for homeowners. He warned that failure to act quickly "will turn crisis into a catastrophe and guarantee a longer recession."

Democratic leaders have pledged to have legislation ready for Obama's signature by the end of next week, and they concede privately they will have to accept some spending reductions along the way.

"This bill needs to be cut down," Republican Mitch McConnell of Kentucky said on the Senate floor. He cited $524 million for a State Department program that he said envisions creating 388 jobs. "That comes to $1.35 million per job," he added.

Republicans readied numerous attempts to reduce the cost of the $900 billion measure, which includes tax cuts and new spending designed to ignite recovery from the worst economic crisis since the Great Depression.

But after days of absorbing rhetorical attacks, Obama and Senate Democrats mounted a counteroffensive against Republicans who say tax cuts alone can cure the economy.

Obama said the criticisms he has heard "echo the very same failed economic theories that led us into this crisis in the first place, the notion that tax cuts alone will solve all our problems."

"I reject those theories, and so did the American people when they went to the polls in November and voted resoundingly for change," said the president, who was elected with an Electoral College landslide last fall and enjoys high public approval ratings at the outset of his term.

The president repeated his retort word for word in late afternoon, yet softened the partisan impact of his comments by meeting at the White House with senators often willing to cross party lines.

His first visitor was Sen. Olympia Snowe, R-Maine, a moderate GOP lawmaker. Later he met with Sens. Susan Collins, R-Maine., and Ben Nelson, D-Neb.

"I gave him a list of provisions" for possible deletion from the bill, Collins told reporters outside the White House. Among them were $8 billion to upgrade facilities and information technology at the State Department and funds for combatting a possible outbreak of pandemic flu and promoting cyber security. The latter two items, she said, are "near and dear to her," but belong in routine legislation and not an economic stimulus measure.

Collins and Nelson have been working on a list of possible spending cuts totaling roughly $50 billion, although they have yet to make details public.

The House approved its own version of the stimulus bill last week on a party line vote, but the political environment in the Senate is far different.

Democrats hold a comfortable 58-41 majority. But because the legislation would increase the federal deficit, any lawmaker can insist that 60 votes be required to add to its cost.

While the 60-vote threshold can impose a check on Democrats, it can also illuminate the cross-pressures at work on Republicans.

A Democratic attempt on Tuesday to add $25 billion for public works projects failed when it gained only 58 votes, two short of the total needed.

But a few hours later, a proposed $11 billion tax break for new car buyers attracted 72 votes, including several from Republicans. One, Sen. Sam Brownback of Kansas, later issued a statement applauding the provision. "The car tax deduction amendment will make the purchase of a new car more affordable and encourage more people to buy a car," he said.

On yet another provision to increase the cost of the bill, Republicans simply surrendered rather than take a vote that might have turned out to be politically problematic. Confronted with a proposed $6.5 billion increase in research funding for the National Institutes of Health, Sen. John Ensign, R-Nev., initially sought to impose a 60-vote requirement. Sen. Jon Kyl, R-Ariz., the second-ranking GOP leader, intervened, however, and the increase cleared on a voice vote that drew no audible dissent. When it did, Kyl made a pretend gesture of disappointment.

An aide later said the Arizona senator had headed off the roll call because it was late in the evening and the proposal clearly would have passed.

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Associated Press reporters Jennifer Loven and Andrew Taylor contributed to this story.
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