Wednesday, January 28, 2009

It's Official

Barack Obama, Nancy Pelosi, and Harry Reid think they know how to spend $1 trillion better than 300 million private individuals do. Kudos to the House Republicans, all of whom opposed the measure.


HANK said...

The "stimulus" is special interest field day.

"...Among the funding measures included in the proposal are $25 million for new ATV trails; $400 million for the National Endowment for the Arts; $400 million for global warming research; $335 million for the Centers for Disease Control to combat sexually-transmitted diseases; and $650 million coupons to subsidize TV viewers for digital television conversion...And throwing money at problems, no matter how pressing, does have a downside. The Congressional Budget Office says borrowing $820 billion will cost $347 billion more in interest, which of course pushes the total cost of the stimulus package to more than $1 trillion."

Ryan said...

Where were those Republicans during the bailout fiasco? Well, later is better than never, I guess.