WASHINGTON (AP) -- The White House says President Barack Obama and Democratic congressional leaders are on the same page about the urgent need to pass economic stimulus legislation.
According to a statement released late Monday, the president and key Democrats are also in agreement about seeking a bipartisan consensus.
The Senate has taken up its version of the legislation. That package now totals about $885 billion.
Senate Republicans are pushing a plan they say will drive down the cost of mortgages and make them more available. Their proposal would give banks an incentive to make loans at rates currently estimated at 4 percent to 4.5 percent.
The president says he's confident agreement can soon be reached on a package. But critics say the current proposal is loaded with too much non-stimulus spending.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.