Can your Read the Final Draft of the Stimulus Bill? NO

by politisite | February 6, 2009 at 11:17 pm

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By Albert N. Milliron, Editor Politisite.com, Iron Mill Interactive Media, Inc.

Many Americans heard that a bipartition compromise on the stimulus bill had been reached today. Well the word Bipartition is a bit of a stretch. There were originally six Republican senators working on a compromise deal. One by one each walked away from the process as they became aware that there was little of the new, spirit of bipartitionship, Obama Administration was willing to negotiate. In the end three Republican Senators remained, two from Maine Senator Collins, and Senator Snowe along with Pennsylvania Senator Arlen Specter. The compromise package was touted as a massive reduction in spending down to 780 Billion dollars. By the time the press release were all out to the major news networks that number had risen to 805 Billion, then by the late evening the number had risen to 840 billion. When it would all be said an done. The final number of the compromise deal and spending cuts would ultimately rise above the original number they were working with in the beginning to nearly 940 Billion dollars. Only in Washington can a Cut and compromise increase spending.

Political commentators, pundits, and everyday politicos began asking about the compromise bills text. Inquiring when it wold be available for reading. Like the false campaign promises about being a bipartition and transparent presidency there is no text for anyone to read. In fact, the bill is probably not even to be found in writing on the Hill.

Today, Senator Collins was very close to walking away from the process giving the GOP the potential to filibuster the bill as no one is sure what it contains. Since the vote for cloture would be close, talk is going around that Senator Ted Kennedy is going to be wheeled in to cast his vote to make the potential for filibuster to fade with one vote needed by Republicans.

So If you would like to read the new bill, you can't. Nor can anyone. The only folks who know what it contains is President Obama and Chief of Staff Rob Emmanuel, Senators Olympia Snow, , Susan Collins, and Arlin Specter.Welcome to the age of Openness, Transparency, and Bipartisanship. One might ask, what was offered to These three Senators to cross over and potentially vote for this bill. Keep in Mind that Obamas New Chief of Staff had extensive conversations with the now Impeached Illinois Governor Blagojevich about icking a rep;acement Senator to replace the vacted seat from then Senator Obama. Since the Bill is not available for anyone to read. One cannot compare the orginal and the revisions.

A side note, 65 thousand petitions arrived on the Hill with Senator Jim De Mint who is admittedly against the stimulus package. The petitions that arrived are against the stimulus plan. The Phones at the Capital have been overflowing with most Senators mailboxes full. The Bill has only 37% support by the American people. But for Democrats, they have made it clear that they have won and they are writing the Bill. That they have done which brought no Republican voting for the House Bill and potentially only 3 republicans in the Senate.

Now that there is news of a compromise reached between the Senate Democrats plus GOP Senators Susan Collins and Arlen Specter, the obvious question is: can we read the compromise bill text?

Short answer: no! As of now, no text has been released, and it is highly likely that as of Friday evening, it doesn't even exist. Our sources on the Hill indicate that "it is probably just a bunch of numbers scratched on a napkin right now."

We are of course eagerly awaiting the post-napkin version of the compromise, and will get it posted here as soon as it becomes available.

So you can forget that late night reading, of the wonderful work, that will put America back together again. Like Area 51, It doesn't exist.

What happened to the 48 hour delay between a bill's text being available and a vote? The rules seem to change as we go. Maybe Obama's new plan is not pay as you go, it's change the rules as you go.

Note: What is #tcot ? Go to Twitter and as, what does #tcot mean.

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158

at 15:23 on February 7th, 2009

Good story

158

at 15:24 on February 7th, 2009

Cypresso,

Good additions.

politisite

at 12:08 on February 9th, 2009

The #TCOT Plan : Cut All Personal and Corporate Income Taxes in Half Immediately for 12 months of 2009 Both the Congressional Budget Office and the Heritage Foundation have recently documented how ineffective President Obama's proposed $900 billion and growing "Porkulus" political spoils spending bill will be at improving the economy. In a column today, Charles Krauthammer provided the "coup de grace" by decimating the fear promoting "urgency for pork now" arguments of the President.

As co-founder of Top Conservatives on Twitter, I am today proposing "The #TCOT Plan" as a far superior plan that will immediately revive the economy. I am laying out the key component of the plan here, and am asking members of #TCOT to provide their input on additional components of the plan in comments here on this blog and at The TCOT Report.

The plan is simple:

1. Immediately cut all personal and corporate income taxes in half for all 12 months of 2009.

This plan could be implemented immediately as follows:

1. All employers would be instructed to immediately cut the amount of Federal Income Tax withholdings in half, beginning in next pay cycle beginning March 1.
2. Corporations that pay income taxes quarterly would pay half their corporate taxes in their next quarterly filing, for the period ending March 31.

Lost revenue over the 2009 Calendar year would be approximately $800 billion (A full $900 billion less than the current version of PORKULUS floating through the Senate). This is based on 2007 Federal personal income tax receipts of approximately 1.2 trillion, and Corporate income tax receipts of approximately $345 billion.

Please read the wider story at the source link

politisite

at 15:58 on February 9th, 2009

A Cloture vote was reached today with 61 votes. 3 Republicans Senators Collins, Snowe, and Specter voted to invoke cloture. The Bill will go to the Full Senate for a vote on Tuesday. Following Passage, the bill will be returned to the House.

politisite

at 19:42 on February 12th, 2009

Here we go again. The bill is to be voted on Friday and there is no bill to read. House rules are 48 hours prior to a vote is required. Several points of order where shot down on that issue. So what is in it?

René

at 01:23 on February 13th, 2009

There's some links to the bill and other shenanigans in my NP story,
House of Reps Version of Stimulus Bill Debate Friday SECRETSYou aren't gonna like what's missing.