OMB Watch released a statement on today's announced House-Administration proposed stimulus package, calling it "a good start" but noting that it "falls short of its stated goal of adequately stimulating the economy." However: It is particularly encouraging to hear Senate Finance Committee Chair Max Baucus' (D-MT) belief that it would be a mistake to exclude unemployment benefits from a stimulus package. Baucus has announced that the Senate Finance Committee will draft its own stimulus bill and hold a mark-up of that bill next week, a move that Senate Majority Leader Harry Reid (D-NV) supports. Moreover: The terms of the package announced today are tentative — they reflect only an agreement between House leadership and the White House. There is still time for the improvements described above to be incorporated into the fiscal stimulus package, and we hope that they will be made.