yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Passing Obama’s Stimulus Bill | Obama: The Price of Hope


2m read
·Nov 11, 2024

NARRATOR: Obama needs just two Republican senators to defy their party. He turns to the veteran leader of the Senate Democrats. None of the Republicans who wanted to do something to help wanted to be the 60th vote. So I had to get 61 votes on everything. And it was very hard. The only ones I had any hope of getting—Specter from Pennsylvania, and then I had the two senators from Maine.

NARRATOR: Maine Senator Susan Collins, a Republican Reid identifies as vulnerable, is invited to the Oval Office.

SUSAN COLLINS (VOICEOVER): I was shocked when I walked in expecting to see the economic advisers, other staff taking notes, and instead, it was just the President and me. I told him I thought the package was too big. He told me that his economists were telling him that a smaller package would not do the trick and would not boost the economy sufficiently.

NARRATOR: Senator Collins agrees to meet behind closed doors with a group of 17 other senators. When senators from both parties meet outside the control of the leadership, it's called a gang. This gang of 18 came together with the primary focus of wanting to reduce the cost by at least $100 billion.

NARRATOR: Obama reluctantly agrees to the cuts because it looks as though this will buy him the votes he needs. But the Republican leadership leans hard on Republican members of the gang of 18.

SUSAN COLLINS (VOICEOVER): Although we had a number of Republicans who joined those first few meetings, gradually, the numbers diminished greatly. I didn't know if we could get this done. And I told the President that. I had to wait till his helicopter landed to give him the bad news, saying, I'm not sure I can get this done. I received this phone call from Harry Reid to come over to his office. And I really debated whether or not to go. I went into the room, and the room was already filled with Democratic leadership.

NARRATOR: Collins from Maine objects to a $16 billion program for school construction. I knew that that would create huge opposition on my side of the aisle, because we'd be redefining the federal role in education. And then the conversation kind of shifted over to health clinics. And there was a suggestion made that we could take some of those resources and put them into constructing community health clinics, even in the state of Maine. And she lit up and showed some real interest.

On this vote, the yeas are 61. The nays are 36. 3/5 of the senators duly chosen and sworn having voted in the affirmative, the motion is agreed to.

More Articles

View All
Why You Need To Find Significance
Hey there, Alexa, and welcome back to Honest Talks, a series where we talk about things that we find intriguing and you might as well. In this video, we’re going to talk about probably one of the most important problems that you as an individual have to s…
How to take AI from vision to practice. Part 3
This conversation forward. Please ask questions, comment in the chat. Uh, we’d love to hear from you. So let, um, yes, we are sharing. We are recording this webinar, and we will be sharing the webinar after it is done, so absolutely you’ll be able to acce…
Inside the Real Black Hawk Down | No Man Left Behind
So the overall mission in Somalia was really a relief operation. We were providing security for the relief organizations who were there trying to distribute food to the starving Somali. Aded was the warlord of the day, so he stepped in and started attacki…
Top 5 Video Game WTFs!!
Today we are going to be looking at some of the Top 5 Video Game WTF’s. There are way more than 5 out there, but guess what, 5 is a nice round number, and it’s the number of girlfriends I have. And by 5, I mean 0. Definitions: I’m not including things th…
Charlie Munger: How to Invest in 2024
That’s a very simple set of ideas. The reason that our ideas have not spread faster is they’re too simple. If you’re not confused by what’s going on, you’re not paying attention. This Charlie Munger quote perfectly sums up what’s happening in the stock ma…
Worked example identifying experiment | Study design | AP Statistics | Khan Academy
So we have some type of study described here. I encourage you to pause this video and think about whether this is an observational study, an experiment, or a sample study. Also, think about whether it was conducted well. All right, now let’s do this toge…