Thursday
Jan292009
Nancy Pelosi Speaks on Stimulus Package
Speaker of the House Nancy Pelosi (D-CA) expressed "great pride" at a press conference discussing the recently passed stimulus package. When asked if Pelosi blames herself for the lack of Republican support for the legislation, she responded that she "takes credit" for the bill and explained that Democrats had "reached out to Republicans all along the way." The administration plans on spending 75% of the stimulus package, which received no Republican votes in the House of Representatives, within the first eighteen months. With five hundred thousand Americans losing their jobs every month, Pelosi stressed the need for a "swift and bold" plan to help the 4.8 million currently unemployed Americans. The house will meet next week to discuss the Children's Health Insurance Bill.
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