The Obama Administration based its domestic policies on the assumption of a rapid economic recovery generating the tax revenue needed to fund permanent new spending program for [[Obamacare]] and "greening the economy". Administration forecasts were more starry-eyed than private sector forecasts. Both parties agree that stimulus spending is needed to deal with the recession but Congress is unlikely to approve permanent new spending programs unless the economy improves, since a large number of conservative Democrats were elected who may vote with Republicans to keep down spending and deficits.<ref> Peter S. Goodman, "Sharper Downturn Clouds Obama Spending Plans," [http://www.nytimes.com/2009/02/28/business/economy/28recession.html?_r=1&th&emc=th ''Washington Post'' Feb. 27, 2009]</ref> | The Obama Administration based its domestic policies on the assumption of a rapid economic recovery generating the tax revenue needed to fund permanent new spending program for [[Obamacare]] and "greening the economy". Administration forecasts were more starry-eyed than private sector forecasts. Both parties agree that stimulus spending is needed to deal with the recession but Congress is unlikely to approve permanent new spending programs unless the economy improves, since a large number of conservative Democrats were elected who may vote with Republicans to keep down spending and deficits.<ref> Peter S. Goodman, "Sharper Downturn Clouds Obama Spending Plans," [http://www.nytimes.com/2009/02/28/business/economy/28recession.html?_r=1&th&emc=th ''Washington Post'' Feb. 27, 2009]</ref> |