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."