Saturday, January 24, 2009

President Barack Obama wanted to silence complaints from Republicans about the huge economic package on Friday, offering Democrats listen to their proposals, but assured them that was responsible and would remind them who won the elections.

Obama promised to meet with congressional Republicans next week after they and Democratic leaders reached agreement on plans to tax and public spending to revive the economy in decline a reunion Friday at the White House. The lower house could vote on the proposed 825,000 million dollars that the Democrats have been designed with Obama shortly after the reunion at the Capitol.


With Democrats in control of the House of Representatives, the Senate and the White House _y some economists calling for more public spending to stimulate economía_ the Republicans are far from achieving any of their goals, focusing on less expensive and more tax cuts .

Obama said that Congress seems to be aimed at sending a bill to his desk by mid-February and no Republican leader disagreed.


At some point in the reunion on Friday at the White House, Republican Senator Jon Kyl objected to a proposal to increase benefits for low-income workers who do not have to income tax.

Obama responded in a friendly but firm, which took place in November elections and I won. The over it at that, "according to what they said after several of the participants who took notes.


Later, press secretary for the White House, Robert Gibbs, said it was too early to say whether Obama would be disappointed if the legislation was approved with little encouragement or support any Republican. Some crucial elements of the proposal already approved by a committee of Congress without the support of Republicans.

Obama was personally involved with the version of the proposal is in Congress, according to which employees earning $ 75,000 or less will receive an annual payment of $ 500 in taxes. Couples with incomes higher than $ 150,000 a year will receive the balance in favor of $ 1000.


The proposal would also increase profits in the income tax for low-income workers and delivered billions of dollars to help pay for education, build roads and other infrastructure and invest in alternative fuels and long-term projects that may not stimulate immediately economy.

Before he began his meeting with congressional leaders, Obama acknowledged that the proposed 825,000 million is a cost that is hard to digest for some.


"I know it's something heavy to do something as substantial as what we are doing now," he said. "I recognize that there are still some differences on the table between the government and members of Congress about specific details of the plan. But I think that what unites this group is a recognition that we are experiencing, perhaps, an unprecedented economic crisis and we have to deal with it. "

Obama also said that any legislation regulating the use of some 350,000 million dollars in the plan to rescue the financial industry should further measures to ensure responsible control over their use.


Democratic congressional leaders pledged not to accept any of the Republican proposals. The lower house could vote on the measure a day after Obama's visit to the Capitol.

Republican leaders "had some constructive suggestions, which will be reviewed," he told reporters the president of the House of Representatives Nancy Pelosi, after the reunion at the White House. The leader of the majority in the Senate, Harry Reid, said to believe that "the main thing that the Republicans are asking, and we are making is to be involved in the process."

0 Comments:

Post a Comment