Republicans want say in economic stimulus plan
Published: December 29, 2008
Updated: December 29, 2008
WASHINGTON (AP) - Congressional Republicans say they’ll work with Democrats to craft a plan to stimulate the economy, but only if GOP ideas are considered.
Senate GOP leader Mitch McConnell says there must be the “right mix” of tax relief and other measures to grow the economy.
The veteran Kentucky lawmaker says the Democrats’ plan to pass a stimulus bill before President-elect Barack Obama’s inauguration next month gives lawmakers too little time to consider what’s in it.
McConnell says taxpayers “are in no mood to have a single dollar wasted.“
Obama’s advisers say he’s proposing a package of as much as $775 billion over two years, though they think add-ons by lawmakers could raise the price to $850 billion. The advisers say an $850 billion plan could generate about 3.2 million jobs by the first quarter of 2011.
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