Senate Approves Stimulus Plan- Responce

This success is perhaps the most crucial development of my topic. All of my previous research relates directly to this bill. As jobs have been lost and businesses closed (such as Circuit City and the Auto Industry) support has been provided only through large federal bailouts that have so far ceased to provide any real benefits for the tax payers. However, this bill is the first directed completely towards those paying for it. Its success or failure could be the catalyst for a major economic catastrophe or restoration. The fact that this bill has passed with three Republican supporters, proves the existence of a desire to do take action. While the bill received no Republican support at all in the House, the Republican support shown for the bill in the Senate is very important. I feel that this bill will be a major catalyst for change throughout the country unlike the previous spending put directly towards large corporations. Whether it is for good or bad, only time will tell. However with so much of the bill going directly towards the American citizen, there is no doubt that its impact will be felt by all.

Senate Approves Stimulus Plan

On Tuesday, the Senate passed the $838 billion stimulus package passed by the house a few weeks ago.
While the bill saw full Democratic support, only three Republicans left their party to back the bill.
Senators Susan Collins and Olympia Snowe of Maine along with Arlen Spector of Pennsylvania gave their Republican support. "I am supporting the economic stimulus package for one simple reason: The country cannot afford not to take action,"
Spector stated that he had no option but to support the deal.
The 61-37 approval came as President Obama looked for public support in Florida- a state destroyed by foreclosures.
Negotiations will now begin to form a full compromise between both parties as well as the Senate and House as well as unemployment.
The Senate version of the bill looks to cut spending in the forms of school construction and state budgets.
However House Speaker Nanci Pelosi states that some spending needs to be restored for areas such as school construction.
Changes are headed do to the fact that the approval of the bill hinges upon three Republicans who are in essence holding all of the cards.
President Obama is moving to sign the bill into action before President's day. He pushed this desire by appealing to the public restating the benefits of the bill.
Obama stated that the bill would provide work for people creating wind farms and digital lines as well as repairing our roads and bridges.
3 million to 4 million jobs would be created.