Stan Collender is Disagreeing With Paul Krugman, who thinks the “stimulus” bill won’t be enough:
The Obama 2010 budget will start that year’s budget process and the appropriations for that year will provide another opportunity for an additional economic jolt this Fall.
But even more important, the 2010 budget process could include a reconciliation bill that increases spending or reduces revenues or both that, because of the rules, won’t be subject to a filibuster in the Senate. In addition, the budget resolution that has to be adopted before a reconciliation bill can happen also can’t be filibustered.
Not only will that make another stimulus bill much easier to enact, it’s also something that could happen any time after the budget resolution is adopted so the process could be completed relatively early this year and the stimulus provided quickly.
I’ll be adding more links related to the
“stimulus” spendulus through the day: