PREVIEW-US Congress under pressure amid historic challenges | Reuters http://www.reuters.com/article/companyNewsAndPR/idUSN023752662...

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Their top priority will be approval of a mix of middle-class tax cuts and
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Support (Customer Zone) "Congress will respond in time. But Obama needs to lower
expectations," said Paul Light of New York University's Center for the Reuters Deals
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corporate leaders, deal-makers
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Converting promises into reality is a difficult process," Light said, noting
major legislation must wind through a maze of committees. Knowledge to Act

Expectations are high that Congress will move fast, maybe by the end of
January, on the economic stimulus package. But some Republicans are
threatening to slow it down, citing concerns about wasteful spending.

Senate Republican Leader Mitch McConnell warned there should be no

rush to judgment on what he predicted could be "the largest spending
bill in history." McConnell will use what leverage he has to try to win
concessions that could allow the stimulus bill to pass with bipartisan
support.

Ethan Siegal of The Washington Exchange, a private firm that tracks

Congress for institutional investors, said, "In the end, Republicans will
not block the stimulus package. ... The country is not behind them. It's
behind Barack Obama."

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PREVIEW-US Congress under pressure amid historic challenges | Reuters http://www.reuters.com/article/companyNewsAndPR/idUSN023752662...

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