we have worked very hard this week. It is not often the Senate is in session this time of night on a Saturday or this time of night most any time, but we have had a long hard week and spent many hours trying to come up with an answer to America's financial troubles. Yesterday at 5 or 6 o'clock, we reached an agreement with a few of the Republicans to come up with a nice piece of legislation that will meet President Obama's request for resources in different areas that will help our economy. The main direction is tax cuts. People are needful of money. That money will be spent. And about 58 percent of it is job creating. Why are we here tonight if the agreement was basically reached yesterday? It is because we have a bill that is about 800 pages long. This product we have produced is about $800 billion. We put it together yesterday starting about 4:30 p.m. Everything has to be right. We don't want a problem, anyone raising an issue that one of the numbers is wrong or one of the lines is not where it should be. So for the last 35, 40 hours, people have been working nonstop to get a product so we could lay down the amendment, and that should be done in the next half hour or so. But people have literally worked all night.
Editor's note · Context
Discussing the Senate's efforts to address America's financial troubles and the legislation being prepared.
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