The stimulus bill
hasn't (update: has been) been signed into law yet, but one of its mandates - the establishment of a public website to track how the stimulus funds are being spent - has already been implemented.
Hot on the heels of the House of Representatives, the Senate this evening gave final congressional approval to the $787 billion American Recovery and Reinvestment Act by a vote of 60-38 - not a vote to spare. President Obama will sign the bill into law on Monday. Out of the 535 members of Congress, only three Republicans votes in favor of the bill.Read Full Article Comments (15)
Looking back over this blog so far for February, it has been dominated by two stories: the stimulus package and the Judd Gregg drama. Gregg's over, the stimulus is hours away from being over - we'll be able to move on soon. But before we do, I wanted to give a mention to the substantial legislation - that is, bills that do something other than raise awareness, support goals and ideals, recognize and commend, honor, etc. - that the House passed while the Senate was amending the stimulus. They a...Read Full Article Comments (1)
The House of Representatives has just passed the $787 billion American Recovery and Reinvestment Act conference report by a vote of 246-183, sending it to the Senate for one final test before it gets signed into law by President Obama.
Like the House's first vote on the bill in late January, not a single Republican voted for it. Seven Democrats crossed the aisle this time to vote with the Republicans against the bill.
It's 11pm ET on Wednesday, and the full legislative text of the final version of Congress's $789.5 billion economic stimulus package has just been released. It's scheduled for a possible vote by the House of Representatives sometime tomorrow. It's 999 pages in total - Better get reading...Read Full Article Comments (35)
New Hampshire Republican Sen. Judd Gregg has withdrawn his name from consideration for Secretary of Commerce in the Obama administration and will return to his seat in the Senate.Read Full Article Submit a Comment
But in the meantime, here's a summary of the $311 billion in appropriations (.pdf) that will be included in the final version of the stimulus bill. ...$72. billion for rural broadband, $8.4 for mass transit, $9.3 billion for intercity rail investment, $19 billion for health IT, $53.6 billion for the State Fiscal Stabilization Fund, etc. UPDATE: And here is the other half, a summary of the tax provisions in the final stimulus bill (.pdf), courtesy of the House Ways and Means. Still no bil...Read Full Article Comments (1)
That's the reported cost of the stimulus compromise worked out by the conference committee. None of the moderates crew - Nelson, Collins et al. - are official members of the conference committee, but apparently they are still wielding significant influence as the bill is still being reduced, below either of the versions passed by the House or Senate.Read Full Article Comments (10)
Following up on my list of exemplary Democrats, here is a list of the seven Republican Senators who voted with the majority of their party (against the assumed administration position) on all 29 roll call votes regarding the stimulus:Read Full Article Comments (6)
Say what you will about the economic stimulus package, but the fact of the matter is that it is the result of as fair and deliberative a process as ever happens in Congress. In the Senate alone, 27 amendments were voted on, at least 20 of them sponsored by members of the minority party. So far, the Senate has gone down on the record 29 times regarding the stimulus. Throughout all the votes, 10 Democrats voted with the majority of their party (or what we can assume to be the administration's position) every single time.Read Full Article Comments (3)
Republicans in the Senate and House are pushing for the stimulus package conference committee meetings to be broadcast on television. “Given the enormous amount of taxpayer money at stake, it is critical that any and all negotiations be held to the highest standards of transparency,” said Rep. Tom Price in a press release. The conference committee, which meets to reconcile legislation when the Senate and House pass different versions, is one of the most mysterious congressional activitie...Read Full Article Comments (5)
With the economic stimulus package (H.R. 1) now cleared by both the House and the Senate, Democratic leaders are facing pressure from everyone who helped them get this far to change the bill before they bring it back for a final vote.Read Full Article Comments (10)
The Senate just voted to invoke cloture on the $829 billion Nelson-Collins substitute amendment to H.R. 1, the economic stimulus package. The final vote tally was 61-36. Sixty votes were required for the motion to pass. All Democrats voted in favor; only three Republicans joined the Democrats in voting to advance the bill.Read Full Article Comments (18)
With five days to go before the President's Day recess, the Senate is running full steam ahead to pass the the stimulus package this week and begin the reconciliation process with the House. Late Friday night, a bipartisan compromise, led by Senators Ben Nelson (D-NE) and Susan Collins (R-ME), was announced that would cut $83 billion from the spending portion of the stimulus. The bulk of the cuts would come from the State Fiscal Stabilization Fund, which provides support for state and local education programs. The Nelson-Collins version of the bill, in the form of a substitute amendment, will face its first test, a procedural vote with a 60-vote threshold, this evening. If that is passed, the bill will be put to a final vote on Tuesday.Read Full Article Submit a Comment