The 'Obama-Limbaugh Bipartisan Stimulus Plan of 2009'

Excerpted from a transcript of the Rush Limbaugh program:

Limbaugh: Eric Cantor from Virginia in the House proposed a moderate tax cut plan. Obama said, Well, you know, "I won." I'm going to trump you on that... Well, where's the bipartisanship, President Obama?

There is no bipartisanship in President Obama's plan. President Obama's definition of bipartisanship is when Republicans cave and agree with his plan so he can then claim it's bipartisan. But he's not compromising on anything here.

Mine is a genuine compromise. So let's look at how the vote came out, shall we? Fifty-three percent of voters in this country -- we'll say, for the sake of this proposal, 53% of Americans -- voted for Obama. Forty-six percent voted for Senator McCain, and 1% voted for wackos. Let's give the remaining 1% to President Obama, so let's say that 54% voted for President Obama and 46% voted for Senator McCain. As a way to bring the country together and at the same time determine the most effective way to deal with recessions, under the Obama-Limbaugh Stimulus Plan of 2009, $540 billion of the one trillion will be spent on infrastructure as defined by President Obama and the Democrats. The remaining $460 billion, or 46% that voted for Senator McCain, will be directed towards tax cuts, as determined by me.

These tax cuts will consist primarily of capital gains tax cuts and corporate tax rate cuts. So Obama gets $540 billion to spend his way. The other people of this country who did not vote for his way get $460 billion spent the way they would like it spent. This is bipartisanship! This is how bipartisanship really works. ...

The economic crisis is an opportunity to unify all of the people in this country if we just set aside the politics. The leader of the Democrats and the leader of the Republicans (me, according to Obama) can get this done. This will have the overwhelming support of the American people, because it will bring both sides together. The Obama-Limbaugh... Let him call it his. The Obama Stimulus Plan of 2009. Let's stop the acrimony. Let's start solving our problems, together. Why wait one more day? - Read the full transcript here.