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Feb 14 2009

The Bill Is Passed

Published by ragged316 at 1:15 am under Uncategorized Edit This

http://www.msnbc.msn.com/id/29179041

Less than a month on the job, President Obama finally has the stimulus bill he believes will help the nation. It did not come without many compromises and dealings across party lines, and even then most Republicans fought against it. The vote in the Senate was 60-38. Three Republicans supported the bill. Even then, it took the vote of late-arriving Senator Sherrod Brown, whose mother had passed away recently, to get that final vote. In the House, the vote was 246-183. All the Republicans opposed it, and were joined by seven Democrats. Nevertheless, Obama has his way.

Time will tell if this bill works. I agree with many of the Republicans, so much spending makes me uneasy. Money does not appear out of thin air, and even if you print more, there are consequences. Besides that, too much spending without enough incoming revenue may leave the nation struggling if a huge catastrophe occurs. Terrorists do not stay quiet for long. And lastly, should the bill fail to really make jobs and stabilize the economy, the problem may have just gotten worse for the federal budget. Of course, we who pay taxes will really feel it then. Still, best of luck to President Obama.

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