Stimulus Deal Reached, That is just Great

The House and Senate have reached an agreement to reconcile their two versions of a massive economic recovery package, settling on a bill with $789 billion in spending and tax cuts, lawmakers said Wednesday afternoon.

Senate Majority Leader Harry Reid said the compromise bill will create 3.5 million jobs, and tax cuts will make up more than a third of the package.

"This has been a give and take," Reid said. After nearly 24 hours of negotiations, he said, the House and Senate were able to bridge the differences between the conflicting versions of the bill and arrive at a package that costs less than either of them.

The Senate passed a version costing $838 billion Tuesday that included more tax cuts than the $819 billion version passed two weeks ago by the House.

The economic stimulus package, pushed by President Obama, had scant GOP support, but Reid thanked the three Republican senators who helped forge a compromise with Democrats.

One of those Republicans, Sen. Arlen Specter of Pennsylvania, said he would have preferred a bill similar to what Sen. John McCain, R-Ariz., had proposed -- a tax-cut measure costing about half as much as the compromise.

"But in the legislature you don't always get what you want," Specter said. He said action must be taken, "because the serious economic conditions, with millions of jobs lost and millions of people being foreclosed from their homes, poses a threat that cannot be ignored."

Connecticut Sen. Joe Lieberman also thanked the Republicans, saying the recovery package would go a long way in jump-starting the economy. - FOX News

It is just simply amazing at how far out of touch these people really are. You can't just keep throwing money into the barrel. $789 Billion Dollars for what? We are going to put 3.5 Million People to work, where? Construction people, that is who we are spending all this money on. Building Bridges, Roads, Schools, those are construction jobs. What about the people who are not in the Construction areas? What about the Technology people, Auto Sales, Housing, Retail? What is this bill doing for them? NOTHING!!!

Quit spending our money on a select few. Bailout the mainstreet people who are struggling to pay their bills. Don't wait until they are behind, help them now. That is great that you don't want people to lose their homes, but what about the people who are doing their jobs of paying all of their bills. Maybe I pay all my bills and don't buy those new shoes, I get no help. But if I would say screw the Mortgage and buy some shoes, go out for dinner, take a trip, then Hey, by all means St. Obama will be there to help me out. HELP ME OUT NOW!!!! Don't make me quit paying my bills to get help.

This is the dumbest thing I have ever heard of.