Pelosi, Biden Claim Support for Stimulus Package

Washington
Pelosi, Biden Claim Support for Stimulus Package
outlookindia.com
-0001-11-30T00:00:00+0553

US Vice President Joe Biden and the House of Representative Speaker Nancy Pelosi have expressed hope that the USD 825 billion mega stimulus package would receive bi-partisan Congress support and would get the Congressional approval within a month, as desired by President Barack Obama.

Both Biden and Pelosi acknowledged that the US economic is passing through one of its darkest phase of history.

However, top Republican leaders insisted that they needed changes in the current stimulus package if the ruling Democrats expected them to vote in favour.

Appearing on various talk shows on Sunday, both Pelosi and Biden refuted the allegations of the opposition Republican leaders that they were not being taken into confidence over the package and that the Republicans have serious concerns about the package.

Biden and Pelosi said their top priority is to get the money out as soon as possible so as to quickly start rebuilding the US economy, which would create three and four million jobs in the next few years.

"We're trying to do is get money out the door as rapidly as you can," Biden said.

"There is a genuine effort here. I think everyone in both parties is seized with the notion we must act quickly. This has to happen before we go off -- they go off on the President's Day recess," he said.

However, top Republican Senator John McCain spoke others on another Sunday talk show. "So far, as far as I can tell, no Republican proposal has been incorporated. Maybe there has been. I just may have missed it. But clearly, we need to have serious negotiations."

But McCain did concede that the economy is in a deep and serious trouble.

Confident that the stimulus package would receiver bipartisan support in Senate, Biden, who himself was a Senator for 36 years, said he personally called six key Republican senators, asking what they need, what they want.

"I think you're going to see a product that comes out of the Senate that is one that is truly bipartisan," he said.

Pelosi said "the package has both investment -- heavier investments in terms of rebuilding in a green way, a new, innovative way our infrastructure; addressing the unemployment -- the needs of the unemployed in this economy; investing in education, and health, and -- and reversing global warming."

"95 percent of the American people, the great middle class, will get a tax cut in this legislation; we also have some business taxes, some of which were suggested by the Republicans."

The House of Representative Speaker said as much as 75 percent of the stimulus package would be spent within 18 months.

"We have a lot riding on it. I don't want to have a legislation that is used to -- to -- as an engine for people to put on things that are not going to do what we are setting out to do, which is to turn this economy around.

"I have the most to prove with this package, by the way. The choices we are making are those that will work, that must work. Our economy requires it; America's families need it. This is -- this is urgent," she said.

However, McCain, appearing on another Sunday talk show, said that he would not vote for the stimulus package in its current form. McCain lost to Obama in the November 4 presidential elections.

 

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