Why Are These Senators Smiling?
That would be Senators Arlen Specter of Pennsylvania and Susan Collins of Maine. Word is they’re close to a deal for the stimulus package. And all for a thrifty $805 billion. And guess how they came to an agreement? More tax cuts!
As part of the deal, spending in the bill was reduced while tax cuts were increased, for a mix of 58 percent spending and 42 percent tax cuts. A senior Democratic leadership aide said the White House was on board.
With Specter and Collins onboard, they have the 60 votes they need. Now we just have to cross our fingers and pray.
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