Word: pelosi
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...Barack Obama as a reincarnated JFK, but his congressional colleagues reached further back in time Monday to resurrect FDR and his pump-priming New Deal jobs program to help bolster a wobbly economy. "We need to address the fragility of markets, the stability of our economy," House Speaker Nancy Pelosi said as she prepared to meet behind closed doors to talk about the contours of a $150 billion stimulus plan with a high-powered squad of liberal economists including Joseph Stiglitz and Lawrence Summers, both of whom held senior posts during the Clinton Administration...
...Pelosi made it clear that the Democrats see quick infusions of cash to working and middle-class families - not grants to Wall Street and banking tycoons that ultimately might trickle down their way - as key to restoring Main Street's vitality and confidence in the U.S. economy. She rattled off investments in "mass transit, roads, bridges, et cetera, schools and housing and...broadband" as givens. "That is something that we all know that we have to do," Pelosi said. Ideally, such investments could be a two-fer - pouring money into programs that might ultimately help curb U.S. demand for foreign...
...fresh move McCain made in his Monday speech was to try to add Democratic congressional leaders Nancy Pelosi and Harry Reid to Obama's team. Given how deeply unpopular Congress is, trying to present himself as a positive vote for divided government makes sense. But why did he wait until he was so close to the finish line to try it? And how will his fellow congressional Republicans running tight races take to being thrown under the bus like that...
...trying to woo wavering Republicans with a revised version of the bill, House Speaker Nancy Pelosi and her Senate counterparts risked souring the moderate Democrats she can't afford to lose. The bill the Senate passed included a $100 billion extension of unrelated tax benefits - provisions like tax breaks for business R&D and alternative energy and money to prevent more Americans from being hit by the Alternative Minimum Tax - that the Blue Dogs have fought for years. This increasingly powerful bunch of Democrats isn't opposed to tax cuts, but they are against passing them without offsetting the costs...
...whatever new programs or tax cuts he is trying to pass. "Nothing will pass without a majority of Blue Dogs voting for it, that's true on this vote," Stenholm says. And if they do help pass this bill, the Blue Dogs will be sure to remind Nancy Pelosi of it next year...