Thursday, February 5, 2009

CQ: Senate Sees Finish Line for Stimulus

from CQ Politics:
Senate Democratic leaders hope to finish work on an economic stimulus bill Thursday as moderates from both parties push for spending cuts in the package, arguing that they are the best way to secure a bipartisan vote.

Ben Nelson , D-Neb., and Susan Collins , R-Maine, are leading the moderates’ effort, even as the Senate added billions more in spending provisions and tax cuts Wednesday evening, including a major expansion of a tax credit for homebuyers.

Both lawmakers met individually with President Obama earlier in the day, as he again urged quick passage of the legislation, warning that any delay could have dire consequences for the economy.

Read the whole article

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