A Dozen Fun Facts About the House Democrats' Massive Spending Bill courtesy of Rep. John Boehner.
1. The House Democrats' bill will cost each and every household $6,700 additional debt, paid for by our children and grandchildren.
2. The total cost of this one piece of legislation is almost as much as the annual discretionary budget for the entire federal government.
3. President-elect Obama has said that his proposed stimulus legislation will create or save three million jobs. This means that this legislation will spend about $275,000 per job. The average household income in the U.S. is $50,000 a year.
4. The House Democrats' bill provides enough spending - $825 billion - to give every man, woman, and child in America $2,700.
5. $825 billion is enough to give every person living in poverty in the U.S. $22,000.
6. $825 billion is enough to give every person in Ohio $72,000.
7. Although the House Democrats' proposal has been billed as a transportation and infrastructure investment package, in actuality only $30 billion of the bill - or three percent - is for road and highway spending. A recent study from the Congressional Budget Office said that only 25 percent of infrastructure dollars can be spent in the first year, making the one year total less than $7 billion for infrastructure.
8. Much of the funding within the House Democrats' proposal will go to programs that already have large, unexpended balances. For example, the bill provides $1 billion for Community Development Block Grants (CDBG), which already have $16 billion on hand. And, this year, Congress has plans to rescind $9 billion in highway funding that the states have not yet used.
9. In 1993, the unemployment rate was virtually the same as the rate today (around seven percent). Yet, then-President Clinton's proposed stimulus legislation ONLY contained $16 billion in spending.
10. Here are just a few of the programs and projects that have been included in the House Democrats' proposal:
$650 million for digital TV coupons.
$6 billion for colleges/universities - many which have billion dollar endowments.
$166 billion in direct aid to states - many of which have failed to budget wisely.
$50 million in funding for the National Endowment of the Arts.
$44 million for repairs to U.S. Department of Agriculture headquarters.
$200 million for the National Mall, including grass planting.
$400 million for "National Treasures."
11. Almost one-third of the so called tax relief in the House Democrats' bill is spending in disguise, meaning that true tax relief makes up only 24 percent of the total package - not the 40 percent that President-elect Obama had requested.
12. $825 billion is just the beginning - many Capitol Hill Democrats want to spend even more taxpayer dollars on their "stimulus" plan.
Friday, January 23, 2009
What is a Trillion Dollars?
Thanks to 100777.com
What's a trillion dollars?
A trillion dollars = $1,000,000,000,000.
That's 12 zeroes to the left of the decimal point. A trillion is a million million dollars.
The U.S. government spends more than the entire Gross Domestic Product (GDP) of Australia, China and Spain combined.
If you laid one dollar bills end to end, you could make a chain that stretches from earth to the moon and back again 200 times before you ran out of dollar bills!
One trillion dollars would stretch nearly from the earth to the sun. It would take a military jet flying at the speed of sound, reeling out a roll of dollar bills behind it, 14 years before it reeled out one trillion dollar bills.
What is frightening is that government will continue to grow in America unless citizens prevent it. If government stays on the course it's been on for the past forty years without a radical change, the federal government will have a $10 TRILLION BUDGET by the year 2010.
Time to promote having a Constitutional Convention in each state. What is it and why do we need it? From the author of this idea, Mr. Neal Boortz (website http://boortz.com)
"We need a Constitutional Convention. More specifically, we need a Constitutional Convention called for the sole purpose of adding three specific amendments to the United States Constitution. The convention would consider these three amendments ... and nothing further. Two-thirds of the States need to pass a resolution calling for such a convention, and those resolutions need to be specifically worded so as to limit the purpose of the convention to these three amendments. Without that limitation we're going to have left-wing fools trying to add amendments guarantying such things as a right to a job, a place to live and health care. Not good.
"So .. what are the three amendments? (You don't listen to me all that much, do you?) Very simple ...
"An amendment to the Constitution repealing the 16th Amendment. What is the 16th Amendment? That would be the income tax. By repealing the 16th Amendment the Congress would be forced to come up with a new way of generating the revenue needed for the legitimate functions of our government.
"An amendment repealing the 17th Amendment. The 17th Amendment calls for the popular election of U.S. Senators. Before the 17th Amendment each state legislature would appoint that state's two Senators. The congressmen were in Washington to represent the people, and the Senators were there to represent the states. Right now the government of Mexico has an official representative in Washington; the government of New Mexico does not. This enables the federal government to run roughshod over the states with unfounded mandates and other federal demands. Give the state governments a voice in Washington .. repeal the 17th Amendment.
"An amendment setting term limits for members of the House of Representatives. Give them three terms, then send them home. Yes, I know, there are some people we would truly like to keep up there to pursue some worthy objectives, but in the balance we're hurt by those who spend taxpayer money to solidify their power than we are would be by sending the few good representatives home at the end of six years.
Now .. here's the reality here. The Congress would probably never permit this Constitutional Convention to be called. As soon as they saw state legislatures passing the resolutions to bring these things to pass we would see the members of congress trying to beat the citizens to the punch. No ... they're not going to send the choice of Senators back to the states, and they're unlikely to set term limits for themselves. But we might actually see some movement on the repeal of the 16th Amendment and serious consideration given to the FairTax.
"Dreaming? Maybe so, but maybe not. Get the right grassroots organization formed to push this idea for a Constitutional Convention and you just might rattle some cages in Washington. Who knows? Maybe the people might start counting again."
Thanks Neal, well done Aggie.
What's a trillion dollars?
A trillion dollars = $1,000,000,000,000.
That's 12 zeroes to the left of the decimal point. A trillion is a million million dollars.
The U.S. government spends more than the entire Gross Domestic Product (GDP) of Australia, China and Spain combined.
If you laid one dollar bills end to end, you could make a chain that stretches from earth to the moon and back again 200 times before you ran out of dollar bills!
One trillion dollars would stretch nearly from the earth to the sun. It would take a military jet flying at the speed of sound, reeling out a roll of dollar bills behind it, 14 years before it reeled out one trillion dollar bills.
What is frightening is that government will continue to grow in America unless citizens prevent it. If government stays on the course it's been on for the past forty years without a radical change, the federal government will have a $10 TRILLION BUDGET by the year 2010.
Time to promote having a Constitutional Convention in each state. What is it and why do we need it? From the author of this idea, Mr. Neal Boortz (website http://boortz.com)
"We need a Constitutional Convention. More specifically, we need a Constitutional Convention called for the sole purpose of adding three specific amendments to the United States Constitution. The convention would consider these three amendments ... and nothing further. Two-thirds of the States need to pass a resolution calling for such a convention, and those resolutions need to be specifically worded so as to limit the purpose of the convention to these three amendments. Without that limitation we're going to have left-wing fools trying to add amendments guarantying such things as a right to a job, a place to live and health care. Not good.
"So .. what are the three amendments? (You don't listen to me all that much, do you?) Very simple ...
"An amendment to the Constitution repealing the 16th Amendment. What is the 16th Amendment? That would be the income tax. By repealing the 16th Amendment the Congress would be forced to come up with a new way of generating the revenue needed for the legitimate functions of our government.
"An amendment repealing the 17th Amendment. The 17th Amendment calls for the popular election of U.S. Senators. Before the 17th Amendment each state legislature would appoint that state's two Senators. The congressmen were in Washington to represent the people, and the Senators were there to represent the states. Right now the government of Mexico has an official representative in Washington; the government of New Mexico does not. This enables the federal government to run roughshod over the states with unfounded mandates and other federal demands. Give the state governments a voice in Washington .. repeal the 17th Amendment.
"An amendment setting term limits for members of the House of Representatives. Give them three terms, then send them home. Yes, I know, there are some people we would truly like to keep up there to pursue some worthy objectives, but in the balance we're hurt by those who spend taxpayer money to solidify their power than we are would be by sending the few good representatives home at the end of six years.
Now .. here's the reality here. The Congress would probably never permit this Constitutional Convention to be called. As soon as they saw state legislatures passing the resolutions to bring these things to pass we would see the members of congress trying to beat the citizens to the punch. No ... they're not going to send the choice of Senators back to the states, and they're unlikely to set term limits for themselves. But we might actually see some movement on the repeal of the 16th Amendment and serious consideration given to the FairTax.
"Dreaming? Maybe so, but maybe not. Get the right grassroots organization formed to push this idea for a Constitutional Convention and you just might rattle some cages in Washington. Who knows? Maybe the people might start counting again."
Thanks Neal, well done Aggie.
Obama says stimulus bill should pass by Feb. 16
President Barack Obama says it appears Congress is "on target" to approve a massive new stimulus package by Feb. 16.
With the $825,000,000,000.00 (825 billion dollars) in that stimulus package, and he now controls another $350,000,000,000.00 (350 billion dollars) in TARP funds. Let's see that is $1,175,000,000,000.00 (1.175 trillon dollars) in spending and he hasn't been in office but just 4 days.
The only thing this spending will stimulate is votes for Obama and his political party. Hey Obama, how about passing something that will really work - the Fair Tax package. It is obvious you would much rather spread your radical, socialist (Marxist) agenda that will destroy this country and be in direct conflict with the founding documents.
With the $825,000,000,000.00 (825 billion dollars) in that stimulus package, and he now controls another $350,000,000,000.00 (350 billion dollars) in TARP funds. Let's see that is $1,175,000,000,000.00 (1.175 trillon dollars) in spending and he hasn't been in office but just 4 days.
The only thing this spending will stimulate is votes for Obama and his political party. Hey Obama, how about passing something that will really work - the Fair Tax package. It is obvious you would much rather spread your radical, socialist (Marxist) agenda that will destroy this country and be in direct conflict with the founding documents.
It is your turn to get a Tea Party from the tax payers of this country.
Stimulus Package Unveiled
The Imperial US Federal Government and the clowns in Congress have done it again. They want to spend $825 Billion in taxpayer money on some of the most wasteful and disgusting spending ever by the US government.
http://online.wsj.com/article/SB123202946622485595.html
It is called the "AMERICAN RECOVERY AND REINVESTMENT Action and Action Now! "
Leader of this group of Tories is DAVE OBEY (D-WI). He and his cronies are spending our tax money liske a drunken sailor.
Some of the Highlights of the Spending (i.e. PORK)
http://online.wsj.com/public/resources/documents/AmericanReinvestment2009115.pdf
Energy: $20 billion-plus in renewable energy tax cuts and a tax credit for research and development on energy conservation, energy efficiency and renewable energy, and a multiyear extension of the renewable energy production tax credit for wind, hydropower, geothermal and bioenergy; and $6 billion to weatherize modest-income homes. (Pork, pork, pork)
Science and technology: $10 billion for science facilities; $6 billion to bring high-speed Internet
access to rural and underserved areas; $1 billion for the 2010 Census; $400 million to put more scientists to work doing climate change research (I thought Al Gore has already proven this. Why do we need to spend more money to prove what you folks are convinced is happening unless it is all what most of us think, a hoax and a way for the government to fund junk science.) Would someone with intelligence tell me how is this going to stimulate our economy?
Infrastructure: $32 billion for transportation projects; $31 billion to build and repair federal buildings and other public infrastructure; $19 billion in water projects; $10 billion in rail and mass transit projects. (More pork vote buying projects for Congressman, mostly Dems.)
The new package calls for $550 bilion in new spending (pork) and $275 billion in tax relief (political welfare).
This plan would be one of the largest single government expenditures in U.S. history, and would be equivalent to about 3% of gross domestic product over two years.
More on this on the WSJ website athttp://online.wsj.com/article/SB123202946622485595.html
It is called the "AMERICAN RECOVERY AND REINVESTMENT Action and Action Now! "
Leader of this group of Tories is DAVE OBEY (D-WI). He and his cronies are spending our tax money liske a drunken sailor.
Some of the Highlights of the Spending (i.e. PORK)
http://online.wsj.com/public/resources/documents/AmericanReinvestment2009115.pdf
Energy: $20 billion-plus in renewable energy tax cuts and a tax credit for research and development on energy conservation, energy efficiency and renewable energy, and a multiyear extension of the renewable energy production tax credit for wind, hydropower, geothermal and bioenergy; and $6 billion to weatherize modest-income homes. (Pork, pork, pork)
Science and technology: $10 billion for science facilities; $6 billion to bring high-speed Internet
access to rural and underserved areas; $1 billion for the 2010 Census; $400 million to put more scientists to work doing climate change research (I thought Al Gore has already proven this. Why do we need to spend more money to prove what you folks are convinced is happening unless it is all what most of us think, a hoax and a way for the government to fund junk science.) Would someone with intelligence tell me how is this going to stimulate our economy?
Infrastructure: $32 billion for transportation projects; $31 billion to build and repair federal buildings and other public infrastructure; $19 billion in water projects; $10 billion in rail and mass transit projects. (More pork vote buying projects for Congressman, mostly Dems.)
Aid to the poor and unemployed: $43 billion to provide extended unemployment benefits through Dec. 31, increase them by $25 a week and provide job training; $20 billion to increase food stamp benefits by 13%; $4 billion to provide a one-time additional Supplemental Security Income payment; $2.5 billion in temporary welfare payments; $1 billion for home heating subsidies; and $1 billion for community action agencies. (We are returning to a welfare state, but what do expect from the Democrats who put the first welfare programs in place).
Education: $41 billion in grants to local school districts; $79 billion in state fiscal relief to prevent cuts in state aid; $21 billion for school modernization; $16 billion to boost the maximum Pell Grant by $500; $2 billion for Head Start. (Enough you fools. You have thrown trillons at education the last few years and we still have a sub-standard education system. How about getting rid of the Depatment of Education and return control back to the local government where it belongs?)
Health care: $39 billion to subsidize health care insurance for the unemployed and provide coverage through Medicaid; $90 billion to help states with Medicaid; $20 billion to modernize health information technology systems; $4 billion for preventative care; $1.5 billion for community health centers; $600 million to educate the American citizens on the Univeral Health Care that Congress wants to pass. (Unbelievable, not the job of the federal government. Did Congress lose their constitutions on the way to work?)
Housing: $13 billion to repair and make more energy efficient public housing projects, allow communities to buy and repair foreclosed homes, and help the homeless.
DTV Conversion Coupons: $650 million to continue the coupon program to enable American households to convert from analog television transmission to digital transmission. More money down a congressional mandated hole based on false assumptions made by the 9/11 commission.
Veterans Cemeteries: $50 million to put people to work making monument and memorial repairs at cemeteries for American heroes. (Another make work program, smells like New Deal and WPA type project to me.)
Law enforcement: $4 billion in grants to state and local law enforcement. (For what? More wasteful spending like to last few they have done since 9/11?)2/3 of this package won't be spend until 2010 per the Congressional Budget Office. Hey you Dem morons, some stimulus package. None of this is the job of the imperial federal government under the constitution.
You folks in Congress get the first Sons of Liberty "Tea Party."
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