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Reid: Stimulus Bill Will Be On Obama's Desk By Feb. 16

In a news conference just concluded following a bipartisan meeting of congressional leaders with President Obama, Senate Majority Leader Harry Reid (D-Nev.) said he expects that Congress will deliver a bill outlining the $825 billion economic stimulus plan ready for the president's signature by the President's Day recess, which begins on Feb. 16.

Asked if Reid expects that Republican lawmakers will try to block the spending bill, he curtly replied: "No."

Moments earlier, though, at the Republicans's news conference following the meeting, House Minority Leader John Boehner (R-Ohio) said he is "concerned about some of the spending" in the bill.

He specifically cited "spending hundreds of millions of dollars on contraceptives," referring to a family planning provision in the bill that would enable private clinics to disburse "emergency contraceptives" and be reimbursed with taxpayer money.

Reid also said that Peter Orszag, former head of the Congressional Budget Office and now head of Obama's budget team, vouched that 75 percent of the spending in the stimulus bill would go "directly into the economy in the first 18 months" after the bill's passage.

The Senate Finance committee will take up the bill on Tuesday.

-- Frank Ahrens
The Ticker is Twittering!

By Frank Ahrens  |  January 23, 2009; 11:34 AM ET
Categories:  The Ticker  | Tags: Harry Reid, John Boehner, Obama, Peter Orszag  
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