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
#shorts I Wasnt Good Enough
When I graduated from high school, I wanted to be a photographer. I had my own lab downstairs, and I was doing all the things I loved to do. Then, he said, “You’re not good enough and you’ll starve to death. You should go to college and get a degree.” I …
What is a Fourier Series? (Explained by drawing circles) - Smarter Every Day 205
What up? Today we’re gonna talk about waves. This is a circle, you probably knew that. If we were to turn this circle on and watch it go up and down and up and down and trace that motion out, you get what’s called a sine wave, which you know to be importa…
How To Buy Your First Rental Property (Step by Step)
What’s up you guys? It’s Graham here. So here’s something that everyone wants to know, and that is how do you buy your first rental property? What do you look for? How much money do you need? Exactly what do you do? How do you know if it’s a good investme…
Warren Buffett: 90 Years of Investment Wisdom Summed Up in 15 Minutes (2021)
Whenever someone asks me how they can learn more about investing, the first thing I tell them is study Warren Buffett. He has an amazing ability to make complicated finance concepts seem so simple. Here are my five favorite clips of Warren Buffett explain…
The Shark Immune System | When Sharks Attack
[music playing] NARRATOR: As experts begin to search for other explanations, they turn their attention to a series of disturbing discoveries that occurred in the months following the June 2012 attacks. We had some dolphins that washed up already dead. We…
Hear What Space Is Like From NASA's Most Traveled Astronaut | National Geographic
It is an incredible experience to see the details of the Earth from that vantage point and to see the Earth is uniquely suited for life. I think I’ve been on orbit with over 50 different people. If you counted them all up, the very unique views of what y…