But In any event. we know that to delay this further. so we push these stimulus events. such as giving people $600 to go out and spend. farther and farther into the year. potentially into the Christmas season or into next year. is not going to address the underlying problem. which is the next two to three quarters. which look as if they are going to be extremely soft. potentially extraordinarily soft relative to economic activity. So action should be taken now. What has been suggested here to accomplish actionit is a very reasonable suggestionis to take the House package. which was negotiated between the Speaker of the House. the Republican leader in the House. and Secretary Paulson. add to it the two or three things which there is consensus on over here. which is the payment to seniors. payment to veterans. and correcting the illegal immigration language. and passing it. and then move forward. If you accept this concept that we should do this sort of Keynesian stimulus event. that is what we should do. I must. as a matter of disclosure. say I have serious reservations about not onlyI think the Senate package is terribly irresponsible. because it adds $44 billion to an agreedto bipartisan agreement. but I also have problems with the underlying package.
Keywords matched
illegal immigration