GOP Tells Obama That It Has Ideas for Stimulus

Posted January 16, 2009 at 5:24pm

Miffed by the size of the $825 billion stimulus plan unveiled Thursday by House Democrats, GOP leaders are giving President-elect Barack Obama a heads-up that they’re about to send him their own proposals for boosting the economy.

House Minority Leader John Boehner (R-Ohio) and other Republican leaders sent Obama a letter Thursday summarizing the testimony that they took that day at a GOP forum on the economy. Among those giving testimony were former Massachusetts Gov. Mitt Romney (R) and former eBay Chief Executive Officer Meg Whitman.

Pledging to give more details in the coming days, the letter praises the “sensible suggestions and warnings” heard at the hearing — namely a “universal agreement” on the need for long-term tax cuts for businesses and the middle class. The GOP leaders say these principles should be “a guidepost for any economic recovery plan put forward.”

The letter is signed by Boehner, Minority Whip Eric Cantor (R-Va.) and Republican Conference Chairman Mike Pence (Ind.).