Tuesday, February 10, 2009

Economic Stimulus Package Passes Senate

Yesterday, following a public event in which he spoke directly to ordinary Americans, Barack Obama gave his first press conference as president, answering the questions of a wide range of reporters, including those at National Public Radio and the Huffington Post. He spoke clearly, always intelligently, with intensity, and sometimes with wry humor. The principal subject was the economy, and he urged the Senate to pass a multi-billion dollar stimulus package, arguing that it is intended to create and maintain up to four million jobs and advance projects that are efficient and cost-saving over time. And, today, the Senate approved that $838-billion package with a 61 to 37 vote, mostly with Democrats approving and Republicans disapproving; and now the Senate and the House bills will go to conference for reconciliation of differences.