Bipartisan deal reached to cut $107B from stimulus package – Dow Jones

Citing two senior Democratic Senate aides, Dow Jones claims reports that a deal has been achieved by a bipartisan group of Senators to cut $107B of spending from the $920B economic stimulus plan.

Posted in * Economics, Politics, Economy, Office of the President, Politics in General, President Barack Obama, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, The Fiscal Stimulus Package of 2009

7 comments on “Bipartisan deal reached to cut $107B from stimulus package – Dow Jones

  1. Irenaeus says:

    [i] Bipartisan deal reached to cut $107B from stimulus package [/i]

    Would that the Senate would cut much more than that.

  2. Sidney says:

    The House version was $819 billion, then it goes up to $920 billion in the Senate, and now cutting $107 billion is a cut?

  3. Dilbertnomore says:

    Not nearly enough. Squeeze ’em harder. This abortion needs to be tiny if it lives at all!

  4. Jeffersonian says:

    [url=http://img385.imageshack.us/img385/1882/obamashamwowwf5.png]All sham, no wow[/url]

  5. Dave B says:

    Senator DeMint’s amendment would have eliminated a provision that bans any university or college receiving funds to renovate buildings, from allowing “sectarian instruction”.

    This provision would also prevent college buildings funded or renovated from being used by evangelical groups like Campus Crusade for Christ etc. This bill is the lefts dream and little about jobs. DeMint’s provision was killed!

  6. Katherine says:

    I agree, Irenaeus #1. This is not nearly enough.

    They should scrap this one entirely. It’s too flawed to save. The House should start over with an honest stimulus bill which is actual stimulus and not pork and massive policy changes being pushed through under cover of emergency. It may be that pork and policy changes will pass anyhow, given election results, but it should be done intentionally, with due legislative process, and in the open.

  7. Rick in Louisiana says:

    So either $700B instead of $800B. Or $800B instead of $900B.

    Yeeha.