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.

2 comments:

HANK said...

The "stimulus" is special interest field day.

http://www.foxnews.com/politics/2009/01/28/special-groups-line-piece-stimulus/

"...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.