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WHAT’S THE RUSH?

‘URGENT’ $TIMULUS ON HOLD FOR BAM’S WEEKEND OFF

After pushing Congress for weeks to hurry up and pass the massive $787 billion stimulus bill, President Obama promptly took off for a three-day holiday getaway.

Obama arrived at his home in Chicago on Friday, and treated wife Michelle to a Valentine’s Day dinner downtown last night. The couple was spotted leaving upscale Table Fifty-Two, which specializes in Southern cuisine, with the first lady toting what appeared to be a doggie bag.

The president plans to spend the Presidents’ Day weekend in the Windy City, and is not expected to sign the bill until Tuesday, when he travels to Denver to discuss his economic plan.

Both the House and Senate passed the bill Friday night.

The push to get the bill through before the holiday weekend was so frantic, members of Congress didn’t have a chance to read all 1,071 pages of the document before they could vote.

“In a perfect world it would have been nice to have had more time to process it,” said Ilan Kayatsky, a spokesman for Rep. Jerrold Nadler (D-NY).

Meanwhile, Gov. Paterson called yesterday for fiscal restraint with the massive influx of federal aid. His budget office estimated that New York will receive $24.6 billion over the next two years, $4 billion more than first believed. brendan.scott@nypost.com



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This entry was posted on Monday, February 16th, 2009 and is filed under Bailouts, Banks, Economy, Energy Crisis, Federal Reserve. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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