Republicans stick to their guns
Your payday loan lender offers you updates on the economic stimulus package.
Yesterday Obama met with the entire Republican Conference to hear their ideas regarding the economic stimulus package. It was a rare move for any president, let alone a Democratic one. It signaled a change in tone between the White House and Congress as Obama vowed to hear and consider the input of the opposition.
Nevertheless, Republicans are heavily criticizing the plan, saying it was drafted with little input from them. They also are saying that a majority of the House Republicans will vote against the bill today.
“I am not sure if we have yet achieved the right balance,” said Republican Senator Susan Collins, from Maine.
Where’s the beef?
Of course, at the top of the list of Republican grievances is that the plan needs to contain more tax cuts. On top of that, three amendments that Energy and Commerce leaders accepted didn’t get added to the bill. One of those amendments prohibited people who make more than $1 million a year from qualifying for COBRA.
Makes sense to me. COBRA is for people who can’t afford to pay for medical coverage, just as a payday loan is only meant for times when borrowers don’t have savings.
Laundry list of changes
The Rules Committee met today to review more than 100 proposed amendments. Both Republicans and Democrats offered up their suggested changes, pushing the Rules Committee to work at a feverish pace to rule on each. Proposed amendments include requiring transportation spending to be completed in 90 days, increasing capital transit funding and cutting funding for Amtrak.
Check back with your payday loan lender for more updates on the economic stimulus package.





These Republicans are just upset because they were not given the entire say on this proposal. I feel they are more worried about having authority than what is actually needed to get the economy back to where it needs to be. But President Obama does not take sides. He stands for what he believes in and still manages to take others’ opinions and ideas in consideration.
Regardless of how unwilling they were to budge, it seems it passed without them. A republican minority in either house of congress is something we haven’t seen in quite a while, so the stimulus passing the house wasn’t too much of a surprise. I wonder what the Senate will do with it.