Wednesday, January 28, 2009

House passes $819 billion stimulus bill- Response

This piece of information is crucial to my research. As the state of our economy continues to change, it is imperative that such large bills are covered within this blog. There are many circumstances pertaining to this event that make it incredibly crucial. First is the complete lack of bipartisanship from Republicans. This act shows none of the support called for by Obama from the House Republicans. With a total of 11 Democrats voting against the bill, the all around acceptance of this bill is now in question. It also puts the possibilities of passing the bill in the Senate that much bleaker. With 2 Republican votes needed, the success of this massive, and first piece of work completed by President Obama is now in question. I was thrilled to find this topic on the home page of the CNN website, immediately exemplifying the importance of this piece of legislature. There is no doubt that my topic, and the state of American economics as a whole, directly hinges upon the outcome of this bill. There is no certainty of the success of this bill should it pass at all. With so much spending, it puts into mind the incomprehensable debt building upon the American people. Should a President less than two weeks of office time be signing a check for more than $800 billion? This momentary success suggests so. However, if this plan fails to work, then both our economy, and the country's trust in our President lies in balance.

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