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
10 Luxury Watch Brands That Are More Expensive Than ROLEX
Hello again! Alex Aires here. It’s great to have you back with us in a video in which we’ll be helping you build your knowledge of watches. And not just any old watches; we’re talking about ones at the seriously high end of the scale. Ask most people toda…
Introducing Khan Academy’s Magical AI Tool for Teachers: Khanmigo
I am Deanna Klingman. I am a professional learning specialist with Khan Academy. Hello everyone, my name is Stacy Johnson. I lead professional learning for Khan Academy. Today, we are going to explore how Conmigo can support you and save you time. So whe…
How to Finally Defeat Procrastination and Stop Wasting Time
Let’s be honest, you’re probably procrastinating while watching this video. And because of this, I’m going to keep this as practical and concise as possible. In life, you’re often deciding whether to approach or avoid something. You’re always making a jou…
3 Arguments Why Marijuana Should Stay Illegal Reviewed
All around the world, marijuana is being decriminalized, or even made legal. But is this really a good idea? In the online debate, the harmful sides are often downplayed. So let’s look at the three most powerful arguments against legalizing marijuana. Ar…
Marginal cost, average variable cost, and average total cost | APⓇ Microeconomics | Khan Academy
Let’s say that we run ABC Watch Factory and we want to understand the economics of our business. So, what we have in this table is some data that we’ve already been able to estimate or measure based on how our business is running, and then we’re going to …
Ray Dalio Bets BIG on GOLD
This video is sponsored by Stake. Download the Stake app today and use the referral code AWC to receive a free stock when you fund your account. Details in the description. Ray Dalio has always been a pretty big believer in holding at least a little bit …