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Senate rejects more stimulus funding

June 16, 2010 politisite 0

The Senate on Wednesday rejected a $140 billion taxes and spending package in a resounding defeat for President Obama and Democratic leaders that signaled the era of freewheeling stimulus spending is giving way to greater concern for deficits. Hours later, chastened Democrats produced a pared-down version they said spent less and found offsetting tax increases to pay for most, though not all, of the new measure, which includes unemployment benefits […]

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Senate rejects more stimulus funding

June 16, 2010 politisite 0

The Senate on Wednesday rejected a $140 billion taxes and spending package in a resounding defeat for President Obama and Democratic leaders that signaled the era of freewheeling stimulus spending is giving way to greater concern for deficits. Hours later, chastened Democrats produced a pared-down version they said spent less and found offsetting tax increases to pay for most, though not all, of the new measure, which includes unemployment benefits […]

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What no bipartisanship? Reid Kills Jobs bill White House endorsed

February 12, 2010 politisite 0

It only took a couple of hours for the White House to endorse the new, bipartisan stimulus plan launched by Sens. Max Baucus and Charles Grassley yesterday — and a few minutes after for Harry Reid to kill it.  The move angered Democrats in both the Obama administration and on Capitol Hill as Reid sent conflicting signals, surprised his colleagues, and might have touched off a leadership crisis if Reid […]