Barack Obama,  economics

PORKULUS: Tentative Deal With Gang of Two or Three GOP Senators Reached?

+++++Update+++++

The U.S. Senate remains in session considering amendments to S.1. at 11:15 PM EST

Nobody has seen the final bill. Two GOP Senators Arlen Specter and Susan Collins have sold out the Republican Party and now will prevent a filibuster of the bill.

A final vote is expected sometime this weekend. A cloture vote is now expected on Monday.

Stay tuned for updates.

Economic-stimulus-deal-reac

A tentative deal reached?

Amid stunning new job losses and yet another bank failure, key senators and the White House reached tentative agreement Friday night on an economic stimulus measure at the heart of President Barack Obama’s recovery plan. Two officials said the emerging agreement was for a bill with a $780 billion price tag, but there was no immediate confirmation.

The Senate is in recess until 7 PM EST.

Stay tuned…..

Follow up to the minute updates on Twitter —————->


2 Comments

  • Ling

    You know, if these two hadn’t sold out, Obama’s Presidency was as good as done for. He’s put all his chips on this bill, so he doesn’t have to come to Congress again and again. After this, he won’t give two hoots for anything until his health care legislation comes up. And that’s like at least a year away.