Posted on 02/05/2009 11:16:43 PM PST by Steelfish
Senate bail-out talks hit impasse
Mr Obama delivered another impassioned plea for support of the bill
US senators have reached deadlock in their attempts to find a compromise over President Barack Obama's $900bn (£616bn) economic stimulus package.
A group of senators from both parties has forced a line-by-line review of the bill by arguing that it should be trimmed by tens of billions of dollars.
The senators will start a fourth day of deliberations later.
Meanwhile, Mr Obama has again warned that the US economy faces "catastrophe" if exceptional measures are not taken.
He said that if Congress failed to pass his package, the resulting recession could destroy another five million American jobs.
Speaking at a meeting of Democrats from the House of Representatives, Mr Obama said: "They didn't vote for the status quo; they sent us here to bring change. We owe it to them to deliver."
His warning comes amid another batch of gloomy economic figures.
And figures out on Friday are expected to show that more than 500,000 private sector jobs were purged last month alone.
(Excerpt) Read more at news.bbc.co.uk ...
Reminds me of the Twilight Zone episode where the alien comes to Earth “To Serve Man”.....as dinner
Running the Country seems to be a bit harder than it looks on The West Wing. Obama seems to think those were training videos for his new job.
Uh, no. It should be trimmed hundreds of billions. If the Republicans are talking tens, we're doomed.
"Mr Obama has again warned that the US economy faces "catastrophe" if exceptional measures are not taken. "
Hussein has become quite agitated of late. But Reid told him he would have it for next Thursday as The Obamunnist demanded. Why does Baraculus insist on that date? Why, it's Lincoln's Birthday. Another propaganda opportunity for virtue by association.
yitbos
It should be trimmed 800-900 billion dollars, and then disappear. $900,000,000,000 to the 0 power.
Was it Juan Williams? I heard that said too today.
Pretty much amazing. The cost of government being what it is - pre-stimulus - you would think they could at least take the time to read what they are enacting into law.
LOL - Scatterbrain's hair will be whiter than Clinton's in four years.
How many filibusters did the Democrats stage during the Bush years?
Tens of Millioms???? How about HUNDREDS of Millions LESS in the DAMN BILL???
uh....make that BILLIONS...sorry.
Nice pic...
“CHANGE” = 2 CENTS ON A DOLLAR
It could go either way. If the economy tanks then those who were against will start saying they wanted something done...this will become GOP=obstructionist attitude and of course it began under Bush. I just don’t know what will happen.
It's a shame the U.S. Senate wants to look into the suitcase of cash and ask where it's supposed to go and why.
How's a Chicago crook like Obama supposed to pay out kickbacks under scrutiny like that?
500,000 private sector jobs were purged last month alonePelosi's figure is 1000 times that much. ;')
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