Pelosi touts $825 billion stimulus package

By GottaLaff

Remember the days when "millions" sounded like a lot?

House Speaker Nancy Pelosi (D-Calif.) on Thursday touted a $825 billion stimulus package that allocates less money for tax cuts than President-elect Obama is asking for.

“It’s about job creation, it’s about unprecedented accountability, about how that money is spent; it’s about clean, efficient and energy in America to transform our economy through investments and science and technology,” Pelosi said of the legislation.

“It’s about modernizing our roads, bridges, et cetera, education for the 21st century, tax cuts that make work pay and create jobs and lower -- as initiatives to lower healthcare costs and help workers who are hurt in this economy, and protect our vital services,” she added.

Pelosi also said that she is willing to have the stimulus measure go through the committee process. [...]

Pelosi noted that House Democrats had not just accepted Obama’s own proposal. [...]

House Democrats are allocating $25 billion less for tax cuts than Obama is asking for.

Paul Krugman has his own problems with Obama's plan.