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« "Burn A Quran" Day Still On, Despite Petraeus Warning | Main | Orszag Backs Bush Tax Cuts Extension »
Tuesday
Sep072010

Obama Spending Plan Fuels Debate

Congress likely will not take substantive action in the short run on President Barack Obama’s request for $50 billion to be used on infrastructure projects.

Both the House and Senate resume session next week, but for how long remains to be seen. Members are expcted to spend most of their time between now and November campaigning for re-election.

Already, the President is receiving blowback from his speech Monday in which he announced his new plan to create jobs by funding a series of transportation measures.

Senate Minority Leader Mitch McConnell (R-Ky.) said the plan “should be met with justifiable skepticism.”

“We don’t need more government ‘stimulus’ spending,” added House Minority Leader John Boehner (R-Ohio). “We need to end Washington Democrats’ out-of-control spending spree, stop their tax hikes, and create jobs by eliminating the job-killing uncertainty that is hampering our small businesses.”

Democrats have successfully overcome a series of Republican hurdles this year to pass legislation, but given mounting voter discontent over deficit growth it is uncertain how much of an appetite they still possess to attach their names to more spending.

In a conference call with reporters on Monday, one senior White House official said the plan is not an added stimulus, but rather a long-term initiative that would also create jobs quickly, perhaps as early as 2011. However, critics point out that the aim of last year’s monumental stimulus package was also to bring down unemployment in the short-term, a goal that went unmet.

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