WillowTree
Diamond Member
- Sep 15, 2008
- 84,532
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WASHINGTON -- Congressional Democrats and President-elect Barack Obama are laying the groundwork for quick enactment in January of a giant, two-year economic rescue package that will total about a half-trillion dollars.
His economic team in place, Obama has tasked his aides with assembling an ambitious measure to not only swiftly pump money into the battered economy, but also create 2.5 million new jobs, send a tax cut to the poor and middle class, and make massive government investments in energy-saving and other technologies designed to pay for themselves in the long run.
Some senior Democratic lawmakers put the cost of the package as high as $700 billion, a figure Obama's team calls premature and several Democratic aides said was unlikely. One top Democratic congressional official, speaking on condition of anonymity because talks on the economic rescue measure are ongoing, said it will probably cost between $400 billion and $500 billion over two years.
Obama and Democrats Plan $500B Economic Package - FOXNews.com Transition Tracker
Not even sworn in and already a whopping 1/2 trillion dollars in his budget,, and that dosen't even account for the tax breaks he promised,, our new wonderful just like he has health care,,,global poverty and Iraq,, he ain't gonna pull you lefties outta Iraq either.. Isn't this exciting.. I love fiscal responsibility don't you? today another news conference he's gonna tell us Americans how much we are going to "sacrifice" but his kids are going to private schools, and he will drive limousines, and private jumbo jets" but we're gonna sacrifice.. hhhhhmmmm! but he understands the middle class, he dosen't give a damn but he understands."
His economic team in place, Obama has tasked his aides with assembling an ambitious measure to not only swiftly pump money into the battered economy, but also create 2.5 million new jobs, send a tax cut to the poor and middle class, and make massive government investments in energy-saving and other technologies designed to pay for themselves in the long run.
Some senior Democratic lawmakers put the cost of the package as high as $700 billion, a figure Obama's team calls premature and several Democratic aides said was unlikely. One top Democratic congressional official, speaking on condition of anonymity because talks on the economic rescue measure are ongoing, said it will probably cost between $400 billion and $500 billion over two years.
Obama and Democrats Plan $500B Economic Package - FOXNews.com Transition Tracker
Not even sworn in and already a whopping 1/2 trillion dollars in his budget,, and that dosen't even account for the tax breaks he promised,, our new wonderful just like he has health care,,,global poverty and Iraq,, he ain't gonna pull you lefties outta Iraq either.. Isn't this exciting.. I love fiscal responsibility don't you? today another news conference he's gonna tell us Americans how much we are going to "sacrifice" but his kids are going to private schools, and he will drive limousines, and private jumbo jets" but we're gonna sacrifice.. hhhhhmmmm! but he understands the middle class, he dosen't give a damn but he understands."
"We are the one's we've been waiting for,""" 
