Difference between revisions of "American Recovery and Reinvestment Act of 2009"
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| − | * $572 million for Coast Guard improvements | + | * $572 million for Coast Guard improvements <ref>[http://michellemalkin.com/2009/01/28/stimulus-stupidity-alert-460000coast-guard-job-15-bil-carbon-capturing-contest-more/ Stimulus stupidity alert] Michelle Malkin,January 28, 2009</ref> |
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Items removed from the House bill | Items removed from the House bill | ||
Revision as of 05:00, January 29, 2009
The Economic stimulus package is a bill by President Obama and the Democratic leadership to spend over $800 billion taxpayer dollars to revive an ailing U.S. economy. The White House claims that the stimulus package is aimed at creating jobs. Critics claims it does little to help the economy and is filled with non-essential pork spending. The Congressional Budget Office says $347 billion more in interest will be the result, which brings the total plan over 1 trillion dollars. [1]
House
The House of Representative passed the economic stimulus package January 28, 2009 and now the bill heads for the U.S. Senate. All Republicans cast a no vote including eleven Democrats.
Pork
The people in charge of spending tax dollars are set to spend like never before and special interest groups are poised to be the recipients. The economic plan is doomed to failure because Democrats see it more as an opportunity than as a crises. Some of the 'stimulus' works proposed;
- $25 million for new ATV trails
- $400 million for the National Endowment for the Arts
- $400 million for global warming research
- $30 billion has been set aside for infrastructure spending
- $200 million for Dep. of Defense to acquire alternative energy vehicles.
- $1.5 billion for a “carbon-capturing contest”
- $3.5 billion for higher education facilities
- $400 million for HIV and chlamydia testing
- $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.
- $54 billion will go to federal programs Economic Development Administration, the Small Business Administration, the 10 federal job training programs
- $66 billion for education
- $650 million coupons to subsidize digital television conversion
- $572 million for Coast Guard improvements [2]
Items removed from the House bill
- $200 million for new contraceptive service
- $20 million to renovate the National Mall
References
- ↑ Special-Interest Groups Line Up for a Piece of Stimulus Fox News, January 28, 2009
- ↑ Stimulus stupidity alert Michelle Malkin,January 28, 2009