McCaskill defends stimulus process

Feb. 8, 2009 at 8:19 PM

WASHINGTON, Feb. 8 (UPI) -- Sen. Claire McCaskill of Missouri Sunday defended President Barack Obama's economic stimulus plan, saying it will help jump-start the economy.

In an appearance on NBC's "Meet the Press" program, the Democrat said the legislation is the product of compromise with Republicans. No Republicans voted for the House version and only three Republicans have signed on to the Senate version.

"We had a group of Republican senators in a room, and we worked hour after hour and, by the way, that door was open to every Republican in the Senate to come into that room and go through this bill line by line by line," McCaskill said.

The Senate version of the economic stimulus will cost $827 billion, or $7 billion more than the House-approved version.

The Senate plan has more tax breaks than the House version. The Senate version of the bill would also double the tax credit for first-time home buyers to $15,000.

"If we don't move the housing stock, this whole thing is going to be slower and more painful than it needs to be," McCaskill said of the national recession.

Like Us on Facebook for more stories from UPI.com  
Latest Headlines
Top Stories
Kim Jong Un had terrapin farm manager executed, says source
B-52 bombers demo long reach of U.S. air power
Army orders tactical trucks from Oshkosh
More than 80 percent of North Korean defectors are women, says report
North Korea requests medical aid from U.N. agencies