Posted on 02/14/2009 6:50:39 PM PST by NormsRevenge
WASHINGTON (AFP) – US President Barack Obama on Saturday hailed a 787-billion-dollar economic stimulus plan passed by Congress as "a major milestone" and promised to sign the bill into law shortly.
...
"This is a major milestone on our road to recovery, and I want to thank the members of Congress who came together in common purpose to make it happen," Obama said in his weekly radio address.
The Congress late Friday approved the package of tax cuts and fresh spending to salvage the broken US economy, with the Senate voting 60-38 to pass the measure after it cleared the House of Representatives by a 246-183 margin.
The passage sets the stage for Obama to sign it into law by his self-imposed February 16 deadline, timing that his spokesman Robert Gibbs said was possible provided the paperwork was completed quickly.
Obama expressed confidence that the plan "will save or create more than 3.5 million jobs over the next two years, ignite spending by business and consumers alike, and lay a new foundation for our lasting economic growth and prosperity."
The legislation, a product of hard-fought negotiations this week, allocates 120 billion dollars to infrastructure spending, including money for highways.
It also features nearly 20 billion dollars for renewable energy and 11 billion to modernize the US electrical grid -- steps former vice president Al Gore warmly endorsed ...
The bill includes tax cuts -- expected to benefit 95 percent of US families -- and tens of billions of dollars for extending unemployment benefits, bolstering healthcare for the least well-off and funds to help cash-strapped states avoid cuts in services like education.
A provision inserted by Senate Democrats would also prohibit cash bonuses for top executives at large companies that receive money under the government's bailout program, US newspapers reported Saturday.
(Excerpt) Read more at news.yahoo.com ...
I’m sure he does.
FDR II
That's how I read it, Norm.
Obama dodges transparency pledge
http://www.freerepublic.com/focus/f-news/2185908/posts
He is right. It is a milestone major kine. On the Highway to Hell!
“save” government jobs that is.
|
If it’s a “major milestone”, why is it going to take years to work and, according to “Rimshot” Biden, there is a 30% chance that it won’t work?
I wonder if this is what the electorate had in mind when they voted for "change"? A bill that no-one has had the chance to read, rammed through Congress.
This bill needs to hung around the Democrat's neck like an albatross.
Make that millstone; around the neck of productive Americans.
I read Biden’s remark to mean even if it works it will only be 30% effective. Of course my reading of it is influenced by my opinion of Joe E Biden.
B.O. STINKS!
Yeah, but other milestones in our history include the firing on fort Sumter, Pearl Harbor, and 9/11.
Every word of it.
find later
Daniel 8:11 Yea, he magnified himself even to the prince of the host, and by him the tamid was taken away, and the place of his sanctuary was cast down.
This whole concept of "debt shall make you free" is so whacked that I've got to wonder if the tamid (the perpetual thing) is something simple and obvious (axiomatic), like... the truth.
Psalms 40:11 Withhold not thou thy tender mercies from me, O LORD: let thy lovingkindness and thy truth continually [tamid] preserve me.
Daniel 8:12 And an host was given him against the tamid by reason of transgression, and it cast down the truth to the ground; and it practised, and prospered.
v. 11 the place of his sanctuary was cast down
v. 12 it cast down the truth to the ground
The powers of darkness are disguising שקר (shaqar, to lie) as its lookalike שקד (shaqad, to be vigilant, alert, to be studious, to persevere).
Hosea 4:1 Hear the word of the LORD, ye children of Israel: for the LORD hath a controversy with the inhabitants of the land, because there is no truth, nor mercy, nor knowledge of God in the land.
Obozo wouldn’t know a milestone if it hit him in the head.....
More like the makings of America’s Headstone...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.