Regional & Local Fiscal Relief Act

[Marokai Backbeat]

Surprisingly unchanged, actually. Aside from Jas' amendment, we've had no change to the original bill after 10 pages of arguing. One amendment was voted down, and another was withdrawn before the vote. Here you are though:

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[Marokai Backbeat]

Senators have 24 hours to object to the amendment before it is adopted.

[Marokai Backbeat]

I'm beginning to think we need more than 100 billion.

[Marokai Backbeat]

I'm beginning to think we need more than 100 billion.

Did you see PS's projections, our deficit is now in excess of $2 Trillion dollars. Even I would say at some point you have to have some sanity return. We want a slow descent of the dollar, not a run on the dollar.

It's not my fault this body has no courage to raise taxes.

[Marokai Backbeat]

I'm beginning to think we need more than 100 billion.

Did you see PS's projections, our deficit is now in excess of $2 Trillion dollars. Even I would say at some point you have to have some sanity return. We want a slow descent of the dollar, not a run on the dollar.

It's not my fault this body has no courage to raise taxes.

Cause we don't need to raise taxes. We need either the economy to recover soon, or basically "Call superman" cause will be screwed.

I'll save this debate for another bill. But needless to say this body needs a major reality check on revenue.

[Marokai Backbeat]

I'm beginning to think we need more than 100 billion.

Did you see PS's projections, our deficit is now in excess of $2 Trillion dollars. Even I would say at some point you have to have some sanity return. We want a slow descent of the dollar, not a run on the dollar.

It's not my fault this body has no courage to raise taxes.

Cause we don't need to raise taxes. We need either the economy to recover soon, or basically "Call superman" cause will be screwed.

I'll save this debate for another bill. But needless to say this body needs a major reality check on revenue.

I know but its ingrained in everyone's head that you don't raise taxes in a recession.

That was all that needed to be said.

Yes and thank goodness we've never followed that philosophy in past economic troubles. It would have led to disaster!

Oh wait, except FDR. Almost 10 times. And a large one under Clinton at the tail-end of a recession.

[Marokai Backbeat]

I'm beginning to think we need more than 100 billion.

Did you see PS's projections, our deficit is now in excess of $2 Trillion dollars. Even I would say at some point you have to have some sanity return. We want a slow descent of the dollar, not a run on the dollar.

It's not my fault this body has no courage to raise taxes.

Cause we don't need to raise taxes. We need either the economy to recover soon, or basically "Call superman" cause will be screwed.

I'll save this debate for another bill. But needless to say this body needs a major reality check on revenue.

I know but its ingrained in everyone's head that you don't raise taxes in a recession.

That was all that needed to be said.

Yes and thank goodness we've never followed that philosophy in past economic troubles. It would have led to disaster!

Oh wait, except FDR. Almost 10 times. And a large one under Clinton at the tail-end of a recession.

The FDR obsession was old. He was an economically weak President.

I'd challenge you to a more in-depth discussion on that, but I know you'd never go through with it.

[Marokai Backbeat]

Hamilton, I think people know that, where economic matters are concerned, I'm usually quite serious.

[Marokai Backbeat]

Very well then fellas.

The following amendment is now at a vote. Please vote Aye, Nay, or Abstain.

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Aye.

[Marokai Backbeat]

With 8 Ayes the amendment passes, debate continues.

[Marokai Backbeat]

Alright I think we're finished here, we've been about as productive as we can be squabbling over this money.

I hereby open up a final vote on the following bill. Please vote Aye, Nay, or Abstain.

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Aye.

[Marokai Backbeat]

With 7 Ayes and 0 Nays, this bill immediately passes. I hereby present it to the President for his signature.