Now we know the price tag of the stimulus plan - at least to start: $825 billion. That's the number Nancy Pelosi put before the House today in unveiling a stimulus plan which she called "a first step along the way" in getting the economy back on the road to recovery.
John Boehner's response? "OMG."
President-elect Obama's response?
"I am pleased that the House of Representatives has acted with urgency on an American Recovery and Reinvestment Plan that will save or create over three million jobs, provide tax relief to struggling families and businesses that create jobs, and invest in priorities like health care, education, and energy that will make America strong and competitive in the 21st century. This plan is a significant downpayment on our most urgent challenges, and it will contain the kind of strict, independent oversight that will allow the American people to hold Washington accountable for how and where their tax dollars are spent."
"Significant downpayment" probably sounds a lot more palatable to some Republicans than "a first step along the way," but that won't stop them from making a huge stink about the size and scope of the stimulus package.
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