I am not interested in casting aspersions today at the work of our Republican friends with respect to the economic recovery package. I think, for the most part, they have entered into this in good faith. Senator Grassley of Iowa has worked hard, as has Senator Baucus of Montana, to try to craft a consensus package that we can all agree to--or at least 60 of us can--which would have a beneficial effect. I wanted to speak briefly and reflect back for a moment on the principles that we adopted on a bipartisan basis last fall as we approached the creation of an economic recovery package. There are really three principles that come to mind. One is that whatever we came up with should be temporary in nature; second, there should truly be stimulative of our economy; three, it should not exacerbate long term the budget deficit of our Nation. I can stand here along with any of our colleagues, certainly the Presiding Officer, and think of any number of items I would like to include in a stimulus package that are not included in the four-part proposal put forth by the majority leader.
Editor's note · Context
Discussing principles for a bipartisan economic recovery package.
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