The Recession

Senate Stimulus Bill is Less? Don't Buy It

| by FRC

By Tom McClusky | FRC Blog

Our friends from the Hill sends the following:

"On Saturday the Senate will be in session from 12:00 - 3:00 pm for members to speak and there will be no roll call votes. Also on Saturday cloture will be filed on the Collins/Nelson amendment and the cloture vote on the amendment will occur on Monday at 5:30 pm. If cloture is invoked on the amendment post cloture time will run until noon on Tuesday. At noon on Tuesday the bill will be subject to another 60 vote hurdle by either waiving a budget point of order or achieving 60 votes on final passage."

The Senate will not be in session on Sunday.

Why is Senator Harry Reid (D-Nev.) in the Senate taking so long in building bipartisan support to pass the bill instead of just passing it without Republican support like Speaker Nancy Pelosi (D-Calif.) and the Democrats in the House did? Well one, the Democrats in the Senate do not yet have 60 Members to defeat any filibuster from the Republicans and secondly, as the blog Hot Air points out, a new CBS poll shows "eighty-one percent of Americans say the stimulus bill should be a bipartisan effort. Just 13 percent think it is okay for a bill to be passed with only the backing of the Democratic majority."

This new bill still has a good chance of passing, especially if liberal spending Republican Senators like Arlen Specter (R-Penn.), Susan Collins (R-Me.) and Olymia Snowe (R-Me.) vote for the bill. So please contact your Senators today. The phones have been lighting up so you might have to try a few times. Many of the problems we have documented (religious institutions, money to ACORN, etc.) remain in the new bill.

Some news reports are calling the new Senate legislation a streamlined bill. Mark Hemmingway over at the Corner has a list of a few of the cuts - however the bill is still full of pork and payoffs. Additionally the Senate Republican Policy Committee have sent around numbers disputing that this bill is more frugal:

* Cost of deal: $780 billion

* Cost of amendments added on the floor: $47 billion

* Total cost of Senate bill: $827 billion

* Total estimated cost with interest: $1.2 trillion

* Senate bill is $7.5 billion higher than the House bill

Additionally, as Senate Minority Leader Mith McConnell (R-Ky.) points out "According to the figures I've been given, the House bill is about $820 billion. The Senate bill, under the compromise, we believe, would be about $827 billion. Bear in mind the interest costs on either of those proposals would be $348 billion. So we're really talking about a $1.1 trillion pending measure."

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