EconomicsDems seek a further $56 billion; Link
By J. Taylor Rushing Posted: 09/25/08 08:10 PM [ET] Senate Democratic leaders unveiled their $56 billion ...
By J. Taylor Rushing Posted: 09/25/08 08:10 PM [ET] Senate Democratic leaders unveiled their $56 billion economic stimulus package on Thursday, less than an hour before leaving to meet President Bush at the White House to continue the fragile negotiations on the financial rescue bill.
Calling it “an economic recovery package that will help middle-class families struggling in the weakening Bush-McCain economy,” Majority Leader Harry Reid (D-Nev.) and Appropriations Committee Chairman Robert Byrd (D-W.Va.) pitched the plan with the familiar mantra of “not forgetting Main Street.” The plan includes a $7.5 billion down payment on $25 billion in loans for the struggling auto industry.
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“Democrats believe that we must urgently pass another economic recovery package that will create hundreds of thousands of good-paying American jobs and prevent cuts in critical services for millions of Americans,” Reid said in a statement. “With the economic news only getting worse each day, I call on the president, Sen. McCain and congressional Republicans to join us to quickly get this done for American families.”
Byrd said the plan compensates for “failing to invest in America … the Bush administration has fiddled while Rome has burned.”
I love how they just kinda stick that auto industry bailout in with the rest. Hell, we're already borrowing a half a trillion dollars, what's an extra $25,000,000,000?
Dems seek a further $56 billion 
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