October 22, 2009

Stimulus 2.0?

In recent meetings, I have perceived a good deal of regret from senior House Democrats that the $787 billion stimulus package was not bigger. Some are wishing they would have pushed for a larger stimulus package that could have done even more to help the economy and jobs, especially since they seem to be taking a political hit for it anyway.

The senior House Democrats I have spoken to are also expressing a need for, and a genuine interest in, pursuing another stimulus package -- Stimulus 2.0, if you will. (Although it will likely not be labeled as such.) However, the newer members expecting tough fights in 2010 are not yet clamoring aboard another stimulus train.

It will be interesting to watch how stimulus discussions unfold in the weeks to come.

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