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
Connecting period and frequency to angular velocity | AP Physics 1 | Khan Academy
What we’re going to do in this video is continue talking about uniform circular motion. In that context, we’re going to talk about the idea of period, which we denote with a capital T, or we tend to denote with a capital T, and a very related idea, and th…
Why 25% Of Workers Just Quit Their Job
Does anybody want to work anymore? It seems like quiet quitting is everywhere now. They’re saying half of people are thinking about quiet quitting. Late-night emails, ignore those. Quiet quitting is a really bad idea. What’s up, guys? It’s Graham here. S…
Finishing the intro lagrange multiplier example
So, in the last two videos, we were talking about this constrained optimization problem where we want to maximize a certain function on a certain set: the set of all points ( x, y ) where ( x^2 + y^2 = 1 ). We ended up working out, through some nice geom…
The True Cost of the Royal Family Explained
Look at that! What a waste! That Queen living it off the government in her castles with her corgis and gin. Just how much does this cost to maintain? £40 million. That’s about 65p per person per year of tax money going to the royal family. Sure, it’s stil…
Would You Fight For Your Country?
[Music] Imagine waking up one morning to a world devastated by nuclear winter. Outside, there’s smoke so thick that you can’t see the sun. Sludge runs from your taps instead of water, and you survive on rations of canned goods from a better time. Factions…
White House Wants To Cancel Stimulus | My Response
What’s up, you guys? It’s Graham here. So, I have an extra bonus video for you today because I was browsing the internet this morning—like I do pretty much every morning—and I came across something rather unexpected. Even more unexpected than unemploymen…