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
Entering a Salmon Graveyard | The Great Human Race
Getting deeper, huh? 5,000 years ago in the Pacific Northwest, the seasonal salmon runs sustained huge populations of early humans. Oh, is that a dead fish? But this bounty was only available for a short window of time each year. Look, there’s even skin e…
Long run and short run Phillips curves
Let’s talk a little bit about the short run and long run Phillips curve. Now, they’re named after the economist Bill Phillips, who saw in the 1950s what looked like an inverse relationship between inflation and the unemployment rate. He was studying decad…
The Last Human – A Glimpse Into The Far Future
The future of humanity seems insecure. Rapid climate change, political division, our greed and failings make it hard to look at our species with a lot of optimism, and so many people think our end is in sight. But humans have always thought they lived in …
Residual plots | Exploring bivariate numerical data | AP Statistics | Khan Academy
What we’re going to do in this video is talk about the idea of a residual plot for a given regression and the data that it’s trying to explain. So right over here we have a fairly simple least squares regression. We’re trying to fit four points. In previ…
How Confidence Is Holding You Back
Hello Alexa, welcome back. Let’s be real here for a moment. Everything that is worth doing and everything that is worth getting needs a healthy dose of something that today’s society doesn’t really have anymore. And that thing is courage. The courage to …
Enzyme reaction velocity and pH | Cellular energetics | AP Biology | Khan Academy
In this video, we’re going to talk about enzymes. In particular, we’re going to talk about the effect of pH on enzymes—how acidic or basic the environment is and how that affects enzyme activity. So just as a bit of review, enzymes are molecules that hel…