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Just in from Congress Daily. Grab your wallets. The “compromise” is coming…
Friday, February 6, 2009
Senate Moderates Reach Tentative Stimulus Deal
A group of Senate moderates working on an amendment to cut up to $100 billion in spending from the economic stimulus package have completed a tentative proposal that will be presented to Senate Democrats at a 5:30 p.m. caucus meeting, Senate Budget Chairman Kent Conrad told reporters. “There is a proposal that is sufficiently fleshed out and we will have a caucus and discuss it,” Conrad said after emerging from talks in Senate Majority Leader Reid’s office. Democrats hope the proposal, developed by Sens. Susan Collins, R-Maine, and Ben Nelson, R-Neb. [SIC], will attract several GOP supporters and be acceptable to all Democrats, which would allow for passage of the plan as early as tonight.
Details will be posted on CongressDaily’s Web at http://www.nationaljournal.com/congressdaily/ site as they become available.
Update: Sen. Feinstein was on Fox a bit ago declaring that she “reserves the right to vote no.” Hearing that Sen. Ben Nelson of Florida and Sen. Jim Webb of Virginia are a few of the other Democrats on the fence.
The White House is…bewildered.