Obama Wants Spending Reinstated

The stimulus battle isn’t over yet. According to The Wall Street Journal, “The White House is seeking to restore funding cut by the Senate for schools, health insurance and computerizing health records as the economic-stimulus plan headed into a final round of negotiations in Congress.” In order to make room for the spending, the Obama administration is trying to scale back certain tax breaks in the Senate bill. Congressional lawmakers, meanwhile, are trying to trim the $838 billion Senate version down to about $800 billion, as demanded by Senate moderates, who, as swing voters, hold inordinate sway over the legislation.