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
Recognizing binomial variables | Random variables | AP Statistics | Khan Academy
What we’re going to do in this video is get some practice classifying whether a random variable is a binomial variable, and we’re going to do it by looking at a few exercises from Khan Academy. So this is a manager who oversees 11 female employees and 9 …
Subtracting two-digit numbers without regrouping (example 2) | 2nd grade | Khan Academy
I would like you to pause the video and think about what 64 minus 31 is. Alright, now let’s think about this together. So what does 64 actually mean? Well, we can use place value to think about that. The six is in the tens place and the four is in the o…
AK-47 vs Prince Rupert's Drop (at 223,000 FPS) - Smarter Every Day 170
Hey, it’s me Destin, welcome back to Smarter Every Day! I’ve been waiting on a sunny day to do this. You remember the last video I fired a .38 special versus a Prince Rupert’s drop, and the Prince Rupert’s drop won. Well, we’re going to fix that today. W…
Office Hours with Adora Cheung
Alright, hey everyone! Today we have Dore Chun. She’s a YC partner and co-founder of Homejoy. Thank you! How’s it going? Good, how are you? Good! Alright, we’re gonna do some office hour questions from the internet, so let’s go! Cool! So first question…
Origins of the Dragon | StarTalk
How good could be unless it’s got dragons? It’s no fantasy unless you have a dragon. Yeah, you need the dragon. Yeah. You need the dragons. And in my home institution, the American Museum of Natural History, we had an exhibit a few years ago that was al…
How Much Money is There on Earth?
Hey, Vsauce. Michael here. On Earth, the average piece of currency changes hands about 55 times a year. That’s about once a week. With that kind of turnover, it’s safe to say that statistically in the United States, out of every 100 pieces of currency, o…