President Obama Hopes to Have an Economic Stimulus Bill to Sign by President’s Day

Posted Thursday, February 5, 2009

Featured on Episode 18 of the 2008-2009 season

President Obama wants a stimulus bill to sign by President's Day, two weeks from now. That's slower than he planned but practically “warp” speed for Washington. The balance of power - executive vs. legislative - does not lend itself to speed, but with Democrats in control of Congress and the White House, it will be a happy conclusion for the new President eventually. Lawmaking is tricky business, with each end of Pennsylvania Avenue confident and protective of its powers, which is why the White House approaches the House-written, House-passed stimulus bill so carefully. Behind closed doors, the Obama team is urging Senate democrats to "narrow the target" - remove some of the spending that critics say won't stimulate the economy. And "add more infrastructure" - jobs producing public works projections like roads, and bridges. After a Senate vote, a conference committee takes the House and the Senate bills to make it one bill. This is the stage where the White House often weighs in on what it must have and what it must have out. In the end, President Obama will get most of what he wants - if not when he wanted it.

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