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 I Owe The IRS $1.5 Million Dollars
What’s up here, guys? It’s Upgram, and I gotta say, I was actually pretty blown away by how many people enjoyed my Joe Biden tax plan video and wanted to hear more. No joke, when I made the video, I was worried that no one would want to hear about the top…
The Jet Business CNBC Editorial January 2012
Welcome to the world’s very first corporate jet showroom. This Bondes setup has been specially designed, from the floor to ceiling video walls to the mockup Airbus interior, to lure in the very wealthiest of shoppers. People known in corporate jet pants a…
Rotations: description to algebraic rule | Transformational geometry | Grade 8 (TX) | Khan Academy
We’re told that Julia rotated triangle ABC counterclockwise about the origin by 180° to create triangle A’B’C’. Write a rule that describes this transformation. So why don’t you pause this video and see if you can do that on your own before we do this tog…
Definite integrals of sin(mx) and cos(mx)
In the last video, we introduced the idea that we could represent any arbitrary periodic function by a series of weighted cosines and sines. What I’m going to start doing in this video is establishing our mathematical foundation, so it’ll be pretty straig…
The Problem With Romanticizing Mental Illness
If you’re watching this right now, chances are you spent many years of your life feeling misunderstood. Maybe you coped by spending hours online or listening to pop punk alone in your bedroom. You might have wished to run away or for a simple answer that …
Reversion to the Mean
It’s a cold winter morning. You wake up fresh and rested. You get ready and go to the nearest cafe to start the day with a cup of coffee. You order your favorite: an iced caramel latte. As you wait for your coffee, you make small talk with the stranger ne…