Pelosi conference covers new economic legislation

In a weekly press conference today, Speaker Nancy Pelosi (D-Calif.) discussed the State Children’s Health Insurance Program (SCHIP) legislation and said that, "This is the day we have worked for, prayed for, hoped for, and that we will now pass this legislation with a very strong bipartisan majority to ensure 11 million children in America, and before the day is out, President Obama will sign it into law."

As the economic recovery package is being pushed ahead, Pelosi said ""We have to have this bill passed so that we don't have another month tallied up going into the future." She went on to say that she is "eagerly awaiting the Senate product so that the House can work with them to send a bill to the Presidents desk next week."

Pelosi refused to discuss the "what if" scenarios, maintaining that we will just have to wait and see what happens. She said that everyone supports stabilizing financial institutions and strengthening our economy and "what ever form that quest will make, we will all find out together."

Later today Pelosi plans to have a meeting with some of the members from Kentucky, Arkansas and Missouri to express sympathy to those who are affected in those states.

by Suzia van Swol, University of New Mexico-Talk Radio News Service