Bloomberg reports:

Democrats who control the levers of power in Washington are divided over whether to push for more deficit spending to end the recession and stem job losses, complicating the possibility of a second stimulus bill.

?We need to be open to whether or not we need further action,? House Majority Leader Steny Hoyer, a Maryland Democrat, told reporters yesterday. Senate Majority Leader Harry Reid of Nevada countered that ?there is no showing to me that another stimulus is needed.?

Translation: our spendthrift ways have turned a dire situation into an economic tsunami, so no need to pile on further.

But wait, that can’t be it! Remember that stimulus bill passed by Congress in February? Well, it didn’t work because it wasn’t big enough:

The U.S. should consider drafting a second stimulus package focusing on infrastructure projects because the bill approved in February was ?a bit too small,? said Laura Tyson, an adviser to Obama during last year?s presidential campaign who now sits on the White House?s Economic Recovery Advisory Board.

$787,000,000,000.00 just ain’t enough zeros, darn it!