Political Quotes

On the recordFebruary 5, 2008
before we leave, I want to say a couple of things. It is a very important vote we have tomorrow. I want the Senate to know we have received support from all over the country on the Senate stimulus package. I picked two of these just to comment on at this time. The Los Angeles Times editorial policy in recent years has not been very progressive in nature, but to date here is what they said: It's looking all but certain that Congress will pass an economic stimulus bill before mid-February, which isn't necessarily good news. It's questionable whether handing taxpayers a few hundred bucks each would really jolt a sluggish economy, yet there's no doubt at all that it would increase an already scary national debt. Still, some stimuli are more appealing than others, and if we must have a bill, the Senate has a better plan than the House. Among other things, this editorial says: The Senate's plan extends unemployment insurance by an additional 13 weeks, provides rebate checks to about 20 million seniors living on Social Security and about 250,000 disabled veterans (neither group would get a penny under the House version), and expands home-heating subsidies. Jobless people and those on fixed incomes are much more likely to spend their rebate checks quickly than those in the middle class, so if the goal is to stimulate spending, this is precisely the population Congress should be targeting.
Said by
Harry Reid
Democratic · Nevada

Editor's note · Context

Discussing the Senate stimulus package and its advantages over the House version.

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