Free Markets, Free People
I have to admit I’m surprised that the bill that came out of markup was smaller than either the House or Senate version of the bill. That’s a true rarity. If it wasn’t such a bad bill, I’d have to complement the three Republican Senators who helped negotiate it. It speaks to how badly the Democrats want to be able to say “bi-partisan” when they talk about it. It won’t fly of course, but it does demonstrate the point.
“I’m all for bipartisanship, but I don’t consider three Republican senators bipartisan,” said Missouri Rep. Emanuel Cleaver, who oversees economic recovery issues for the CBC. “Let’s not deny who we are legislatively for three senators.”
But they have to deny it if you can believe a 790 billion dollar bill denies much of anything. Are we so numbed to the numbers that some think that what these people came up with is a significant savings? Do we not understand what 1.2 trillion (including interest) means?
Of course “progressives” are very unhappy with the final bill:
Some House Democrats are working furiously to reinstate funds the Senate cut from an $789 billion economic stimulus package speeding to the floor this week.
In particular, progressive Democrats and members of the Congressional Black Caucus would like to see more money for social spending programs that was cut from the Senate package over the weekend in a deal with three moderate Republican senators. It’s not clear if they will get all their wishes, but the deal announced this afternoon will be finalized in the coming hours.
The CBC sent House negotiators a letter Wednesday asking them to add an additional $4.2 billion for the federal government to lend states money to acquire foreclosed homes, another $4 billion for job-training programs and $14 billion for school construction.
Question: Does anyone think any of the Democratic leadership cares one whit what the CBC wants put back in there? Furthermore, does anyone think the CBC won’t vote for this if they don’t get their way?
Nope – three Republican Senators and the ability to say “bi-partisan”, no matter how thin it sounds, is far more valuable to the Dems than the CBC. And not for the first time.