Recognizing that rebate checks ranging from $300 to $1,200 aren't enough to turn around the economy, several lawmakers are proposing a second stimulus bill. House Speaker Nancy Pelosi (D-CA) has indicated that she is interested in "increasing unemployment insurance and food stamp payments, as well as putting together a public works spending package." On Sunday, Sen. Chris Dodd (D-CT) brought up expanding and repairing "the deteriorating infrastructure needs of our country."
But yesterday in a meeting at the White House with small business owners, President Bush rejected a second stimulus bill, instead wanting to wait for the stimulus checks to "kick in":
And thirdly, I, you know, I think we ought to, in terms of pro-growth packages, I think we ought to, again I repeat, give this one a chance to kick in. The experts tell me that this pro-growth package is going to add some -- you know, a percent, percent-and-a-half to the economy here in the latter part of this year.
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