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
What if?
[Music] Foreign Ferdinand of Austria and his wife Sophie were on an official visit to Sarajevo, the capital of Bosnia and Herzegovina. As they traveled and inspected the land, Cabrillo Princip, a 19-year-old Serbian nationalist, shot the royal couple at p…
See the Remarkable Way This Veteran Is Healing from War | Short Film Showcase
I don’t consider myself a marathon runner. I’m not like the elite guys from Kenya and all those countries; that’s basically all they do. I’m a working man. I get up and go to work every day. I serve people, and that’s the most rewarding thing about my job…
Thomas Friedman and Ray Dalio Discuss the Changing World Order
Ray, it’s a treat to be here with you, um, uh, Ray, and our old friends. And um, I’ve been in conversation before. Um, I wonder if you just start, Ray, by sharing with me, with the crowd, um, why, as a macro investor, you decide to step back and write thi…
How Does a Quantum Computer Work?
A classical computer performs operations using classical bits, which can be either zero or one. Now in contrast, a quantum computer uses quantum bits or qubits. And they can be both zero and one at the same time. And it is this that gives a quantum comput…
Surveying The Angolan Highlands | National Geographic
We were expecting a river here and we didn’t find one. In 2015, a group of scientists began a comprehensive survey of the little known Angolan highlands. The plan was to travel thousands of kilometers down river from the source lakes to Botswana’s Okavang…
How the comfort zone is ruining your life
[Music] There’s a weird phenomenon I’ve noticed all throughout my life where the more I subject myself to discomfort, the happier I am. I think this phenomenon became increasingly apparent to me in first year of university where I wanted to make the best …