Friday, January 23, 2009

Obama and Lawmakers Meet to Discuss Economic Stimulus

President Barack Obama and Congressional leaders are having difficulty finding common ground on an economic recovery plan as Republican resistance to the stimulus package emerges in the House. The president and top Democrats and Republicans from the House and Senate planned to meet today to discuss the spending and tax cutting legislation that Obama has demanded to tackle the gloomy economy.

Yesterday, The House Ways and Means Committee approved $275 billion in tax cuts on a party-line vote of 24-13. The House Energy and Commerce Committee, also working on the bill, approved $2.8 billion to expand broadband service into underserved areas. And on Wednesday night, the House Appropriations Committee cleared a $358 billion spending measure on a 35-22 party-line vote.

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