Editor’s Note – For those who may have questioned the significance of Scott Brown’s victory in Massachusetts, here is a direct payoff of that outcome.
Unfortunately, after well over a trillion dollars spent and a year and a half of protests by tea party movements across the country demanding more fiscal responsibilty, the Democrats still think throwing money we do not have at a still struggling economy is the only course of action to take.
This is a small victory, for now, but encouraging, nonetheless. This is a humiliating defeat for Obama, and a good indication that his mojo is now beginning to wear off, so don’t expect the media to give it much attention.
Jobs bill blocked in Senate
By Lori Montgomery & Brady Dennis
The Washington PostThe Senate effectively rejected a slimmed-down package of jobless benefits and state aid late Thursday, rebuffing President Obama’s call for urgent action to bolster the economic recovery.
Sens. Ben Nelson (D-Neb.) and Joseph I. Lieberman (I-Conn.) voted with a united Republican caucus to block the approximately $120 billion package. The measure needed 60 votes to advance, but garnered only 56.
“Americans are frustrated with the amount of spending and borrowing around here,” Senate Minority Leader Mitch McConnell (R-Ky.) said after the vote. “Let’s not wave on through legislation that is going to worsen the deficit and dig an even deeper hole than we are in.”
“We thought we had enough votes to pass this,” Reid told reporters, adding that Lieberman had been prepared to come on board. He and Senate Finance Committee Chairman Max Baucus (D-Mont.) said they would regroup Friday. But aides said the path forward would not become clear until next week at the earliest.
Read More – http://www.washingtonpost.com/wp-dyn/content/article/2010/06/17/AR2010061705548.html?hpid=topnews
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The longest-tenured writer at BizPac Review, Tom grew up in Maryland before moving to Central Florida as a young teen. It is in the Sunshine State that he honed both his passion for politics and his writing skills.
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