819 billion U.S. dollars Obama economic plan by the Republican Party to block

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Obama President of the United States proposed 819 billion U.S. dollars to stimulate the economy by the House of Representatives adopted the program last week after the expected time for the United States submitted to the Senate on the 2nd debate, will face a serious challenge, Republicans also threatened that if the amendments to the program content, they will obstruct the program through . Obama and Democratic Party leaders to discuss urgent measures, also appealed to the Republican Party overall good of the community, get rid of the partisan struggle. Program to stimulate the economy when they vote in the House of Representatives last week, has denied any Republican support for the parties to seek to break the barriers of Obama is a heavy blow. The current distribution of forces in the Senate, the Democratic Party if the Republicans win no defection, the Republican strategy of obstruction can be taken to delay the program. House Republican leader Mitch McConnell recently said that the need for a thorough review of the program, if it is not excluding unnecessary expenses, focus on tax reduction measures and assistance to building owners to avoid default, the program will be failed. AZ Republican Kyle said: "I think more and more people are angry for the program, the program received in the Senate to support continued to decline. Republican requested the program should not focus on the huge expenditure on infrastructure, while the United States should concentrate on resolving real estate market downturn, is the root of the problem. " McCain colleagues to set up group Republican Senator John McCain to put pressure on Obama, Obama insisted the need to modify its program to stimulate the economy, with the Republicans "serious negotiations", otherwise he would not vote in support of the program. McCain also said the Republican Party is working with colleagues in the drafting of another program to stimulate the economy. Obama the Democratic Party leaders on Monday called the White House to discuss measures and called on the Republican Party overall situation, he said: "At present, there are thousands of workers lost their jobs, this is my bear in mind every day, I hope lawmakers remember of. people can not afford the political struggle, because we are in an emergency situation, it is time to break old habits. " Obama added: "Republicans made a number of good ideas, I want to make sure these views are being incorporated into the programs. I am confident that the final package when it is launched, we will get enough support." However, he refused to speculate on the number of Republican lawmakers will support the program. On the other hand, Obama is expected next week, the Government announced that it would use city funds to save the remaining 350 billion U.S. dollars of relief measures to the financial industry, before the restrictions were first announced additional funding to pay bonuses to senior bank rules. According to sources, the president of the bank concerned will be barred from receiving lavishly, and they, together with the other 50 high-rise was granted the bonus, will be in 2007 greatly reduced the amount of 40%. Krugman called on banks nationalized Krugman Nobel Laureate in Economics, the day before yesterday in the "New York Times," the author said that Obama should be the federal government nationalized the banking rescue. He said: "the taxpayer's money to be used as rescue banks, why they should not obtain the ownership of banks? ... ... At least find a buyer before." As for the assistance of the banking industry are considering measures, including the establishment of a "bad bank" to receive the toxic bank assets, is expected to allow the banks to resume lending to customers, as well as by the government guarantees the banks non-performing assets and the government inject more capital into the banks. But news of the plan has to be held in abeyance.

Obama announced that the United States was relief may not be super high salary executives 500,000 U.S. dollars

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