Pelosi open to second stimulus

pelosi_isendadtHouse Speaker Nancy Pelosi said Tuesday she is open to introducing a second stimulus bill, but it’s too early to determine the size of such a package and the timing on another major economic measure.

“We have to keep the door open to see how it goes,” Pelosi told reporters Tuesday following a House Democratic Steering and Policy Committee hearing on the economy.

But Pelosi said she wanted to give the $787 billion stimulus package passed last month time to work before she starts making promises on a second stimulus. Pelosi also accused the Washington media and cable news establishment of taking an overly critical approach toward the first stimulus — and expecting too much too soon.

“We hope it will be sooner rather than later that [the stimulus] catches fire in Washington, D.C. But we aren’t waiting,” she said.

“This is a fiscally sound package,” she said. “This is market-oriented.”
sursa: http://www.politico.com

Related Posts:

Stimulus Bill: “Shady Deals Going on Behind Closed Doors”
President Barack Obama has proclaimed his administration will be more open than the previous administration. However, his counterparts in the House and...
Obama’s economic model versus reality
Prior to Obama's Inauguration on January 20th, his economic team released a model projecting what the American Recovery and Reinvestment Plan would do...
Financial experts say recession ends by year’s end
Financial experts predict economic turnaround by year's end.A group of financial wizards looked into their crystal ball Tuesday and saw some good news. The...
Share this post / Trimite unui prieten: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • TwitThis
  • Facebook
  • MySpace
  • Digg
  • del.icio.us
  • Google Bookmarks
  • StumbleUpon
  • email
  • Reddit
  • Wists

Let us talk about
Name and Mail are required
Join the discuss