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Stimulus Bill May Be Later Rather Than Sooner

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Not necessarily the worst thing in the world, especially considering the noises Republicans have been making recently about accounting for every single dollar.

From NY Times:

Representative Steny Hoyer of Maryland, the House majority leader, expressed doubt on Sunday that the Jan. 20 goal set by some for getting a stimulus package before the new president could be met.

“It’s going to be difficult to get the package together that early,” he said. Instead, he told “Fox News Sunday,” lawmakers hoped to have it to the new president by mid-February. […]

Senator Mitch McConnell of Kentucky, the minority leader, agreed with Hoyer that the Jan. 20 goal was impractical.

Mr. McConnell also expressed reservations about the ideas of extending unemployment benefits to part-time workers or expanding government-assisted health care insurance. “Those are very big systemic changes,” he told ABC’s “This Week,” and so warranted public hearings and deliberate bipartisan discussions.

McConnell and the Republicans could also fight the notion that 20% of Obama’s jobs would come from the government…

And he raised a caution about the notion that as many as 20 percent of the jobs to be created by a stimulus plan might be in the public sector. “Is that a good idea?” he asked.

Let’s face it…the private sector hasn’t been doing such a hot job of holding onto jobs lately and if the government puts people to work for the time being, is that necessarily the worst thing in the world?

To put it another way, would McConnell rather have these folks collect unemployment or go to work?

One last thing…looks like their could be bipartisan agreement on a middle class tax cut…

He also urged Obama to support an immediate middle-class tax cut — possibly lowering the 25-percent rate to 15 percent — saying, “This is the sort of thing we could have bipartisan agreement on.”

More as it develops…