[Congressional Record Volume 147, Number 177 (Wednesday, December 19, 2001)]
[Senate]
[Page S13678]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
ECONOMIC STIMULUS
Mr. BIDEN. Mr. President, before I speak on what I came over to the
floor to discuss today, I would like to respond in 60 seconds to the
Senator from Iowa.
I don't think the stimulus bill is about partisanship. The stimulus
bill is about whether we are going to take care of workers and
displaced people because of the economy or whether we are going to
reward corporate entities that are not going to reinvest instantly in
the economy and stimulate the economy. How can we stimulate the economy
if what we are going to be ``spending'' through either tax expenditures
or direct expenditures doesn't spend out for 2 years or more?
This is about fairness. The stimulus package I have seen so far is
not remotely bipartisan and is in fact a serious mistake, based on what
I know, unless there is some iteration in the last 12 hours of which I
am unaware.
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