Shamulus Bill
By The ProfessorToday the House of Representatives passed their version of the stimulus bill. The vote was 244-188 and not one Republican voted for it. Despite talk of reaching across the aisle, the Democrats in Congress and President Obama are pushing through a massive, special interest ridden, and debt deepening farce in the guise of economic stimulation. Here are just some of the areas of wasteful spending that is contained in this bill.
$1 billion for Amtrak
$50 million for the National Endowment for the Arts
$400 million for global warming research
$2 billion for child-care subsidies
$2.4 billion for carbon-capture demonstration projects
$650 million for more digital TV conversion coupons
$7 billion for modernizing federal buildings and facilities
$150 million for the Smithsonian
$81 billion for Medicaid
$36 billion for expanded unemployment benefits
$20 billion for food stamps
$83 billion for the earned income credit (for people who don’t pay income tax)
$66 billion for education
This bill is not about economic stimulation. This bill is simply riddled with socialist pet-projects that the liberal Democrats in D.C. finally have the votes to push through. Well, I guess President Obama is delivering early in his administration on his promise of change–he’s actually spending more than President Bush.
Sources
Pat VanderBeek Said,
January 29, 2009 @ 9:19 am
I know…It disgusts me seeing congress spending away our children’s and grandchildren’s economic future. I’m glad no Republicans voted for it so that down the road, when we fall into deeper doodoo maybe the public will realize the Dems did it.
The Source of the Stimulus Said,
February 6, 2009 @ 2:03 pm
[...] my doubts about such theories to begin with, but at minimum we need to eliminate the pet projects - outlined by the Professor - that clearly have nothing to do with stabilizing the nation’s economic infrastructure. [...]