Hey people. You need to wake up and write your Congressmen before this crappy spending, non-stimulating bill gets passed. As you start digging into this, you will quickly realize that the liberals in Congress are going to spend your money with no care in the world whether it stimulates the economy in the short term. Need more proof.....
This Week Transcript with House Speaker Nancy Pelosi (low lights below)
- Let's talk about what's in the package, then. I know you don't agree completely with the Congressional Budget Office, this estimate, assessment. PELOSI: Well, they're going to reassess it. STEPHANOPOULOS: They're going to look at it. But what they've shown so far is that only about 40 percent of the discretionary spending, including the highway spending in the bill, is going to be spent right away in the next year and a half.
STEPHANOPOULOS: Hundreds of millions of dollars to expand family planning services. How is that stimulus? PELOSI: Well, the family planning services reduce cost. They reduce cost. The states are in terrible fiscal budget crises now and part of what we do for children's health, education and some of those elements are to help the states meet their financial needs. One of those - one of the initiatives you mentioned, the contraception, will reduce costs to the states and to the federal government. STEPHANOPOULOS: So no apologies for that?
So, Pelosi's and Obama's spending bill according to the Congressional Budget Office won't be spent in the next year and a half. That means it WON'T HELP THE ECONOMY in the short term. Great. That's some stimulus package. Also, Pelosi is including family planning costs like contraception in the package. This ISN'T CHANGE IT IS MORE OF THE SAME garbage from congress.
Finally, found in the spending bill is $26 Billion for No Child Left Behind and Individuals with Disabilities Education Act. Plus $15 Billion to encourage teaching reforms. This is in addition to more Pell Grants. While you might think these are good expenditures, they will not stimulate the economy. Oh wait one more thing. Only 3% of this spending bill is going to infrastructure. So much for how the liberal media is promoting this bill.
Republican or Democrat it doesn't matter. Obama supporter or not, it doesn't matter. If you care about jobs and the economy you'll write your congressmen to tell them this is a spending bill and not a stimulus package.