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McCain to Vote Against Obama Stimulus January 25, 2009

Posted by neoavatara in Economy, Politics.
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I guess even McCain isn't moderate enough for this stimulus package.

I guess even McCain isn't moderate enough for this stimulus package.

http://news.yahoo.com/s/politico/20090125/pl_politico/17911

http://http://www.cnn.com/2009/POLITICS/01/27/obama.meetings/index.html

Well, the Maverick lives.

McCain has basically been skipping around the Beltway for the past month, telling everybody he can how he gets along with President Obama.  Which is fine.  But atleast he is showing a backbone.  He claims he will not be a rubber stamp for the Obama administration.

McCain claims there is an extreme amount of pork in the current bill, and that he cannot justifiably vote for such a wasteful bill.

“There should be an end point to all of this spending.say two years…The plan was written by the Democratic majority in the House primarily. So yeah, I think there has to be major rewrites, if we want to stimulate the economy,” McCain said. “I am opposed to most of provisions in the bill. As it stands now. I would not support it.”

Additionally, the Congressional Budget Office report stating that less than half of the stimulus can be spent in the next two years gives Republicans more ammunition. Obama and Pelosi both argue that the CBO report is in error, and that greater than 75% of the money will be spent in the first 18 months.  That presumes a bigger tax cut than Congressional Democrats have so far agreed to.

If McCain keeps to his promises of no earmarks and pork, it will be difficult for Mr. Obama to get many Republican votes.  Obama believes that he has the political capital to get some Republicans to support the bill.  But unfortunately, the Democratic Congress is now trying to show its independence from the White House, and is doing so by drastically  increasing uncontrolled spending in the stimulus bill.  Obama will have a difficult balancing act between placating Republicans and convincing Democrats to some restraint in spending.

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Comments»

1. JAMES DUCKWORTH SLC UTAH - January 26, 2009

I HOPE OBAMA WILL STEP UP AND LET THE PUBLIC KNOW JUST WHAT THEIR SENATOR’S AND CONGRESSMEN ARE DOING TO HELP AND WHAT THEY ARE DOING NOT TO HELP
AND ALL THE PORK THEY ARE TRYING TO PUT IN IT
THAT IS THE LEAST WE NEED IS PORK

2. Marion - January 26, 2009

Are you joking? That McCain’s opposition to Obama’s stimulus package is a demonstration of “…showing his backbone…”? The only thing he is showing is his continued dedication to preserving the outrageous tax breaks for his millionaire/billionaire buddies and lobbyists who are supporters of his ongoing bid to stay in office. Yet again McCain and the rest of the Republicans are showing their true colors regarding their utter disregard for the welfare of the middle class–whose tax dollars are NOW going directly to the CEO’s of the banks, brokerage firms and other financial institutions whose employees have been given pink slips, lost their retirements and/or 401K’s, health insurance and in many cases their homes. Thank you Republican Party and your former Co-Dependent in Chief. It will be a great day when some of my own tax payments actually are used for something–anything that really helps my family and middle class friends. John ‘Mavericky’ McCain et al do not support that goal except in your imagination!

neoavatara - January 26, 2009

Explain to me how the middle class benefits from hundreds of millions of dollars in contraceptive spending. Explain to me how they are helped today by spending the CBO claims can’t be spent for another 2 years. All you are doing is placing more debt on each and every one of us, including our children, for the whims of liberals. Republicans are open to stimulus, including infrastructure spending that they usually will not support. But Republicans should just go along just because Mr. Obama asks nice. If they are going to do that, they might as well resign right now and be done with it.


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