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Old 01-09-2009, 05:30 AM
 
Location: Irvine, CA to Keller, TX
4,831 posts, read 6,180,927 times
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Rifts show as Obama urges quick action on stimulus.

Democrats such as Budget Committee Chairman Kent Conrad complained openly that many of the incoming administration's proposed tax cuts wouldn't work.

Conrad, D-N.D., and Sen. Judd Gregg, R-N.H., also staked a firm position against using the economic recovery plan for permanent spending increases, opening a split with House Democrats hoping to use the plan to broaden eligibility for unemployment insurance and boost education spending.

Rifts show as Obama urges quick action on stimulus: Financial News - Yahoo! Finance (http://biz.yahoo.com/ap/090109/obama_economy.html - broken link)
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Old 01-09-2009, 06:10 AM
 
19,267 posts, read 17,404,861 times
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Obviously they have to cut taxes AND cut spending. I don't buy into Obama trying to scare us with the economic boogeyman, and we're not in a position to increase spending anyway. It will seriously screw us in a few years even if it does help us in the very short term.
Wrecking the economy seems to be their game, Obama is picking up where Bush left off.
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