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Stimulating the….Government

February 9, 2009

While Setting the stage for higher taxes, higher interest rates and higher inflation.  A few things that Congress thinks will stimulate the economy:

• $50 million for the National Endowment for the Arts
• $6 billion for university building projects
• $650 million for digital television coupons
• $90 million to educate vulnerable populations on the need to go get their DTV converter boxes
• $150 million for renovating the Smithsonian
• $34 million for renovating the Department of Commerce
• $500 million for improvement projects at the National Institutes of Health
• $44 million for repairs to Department of Agriculture Headquarters
• $350 million for computers for the Department of Agriculture
• $88 million to help move the Public Health Service to a new building
• $448 million to construct a new Homeland Security Department headquarters
• $600 million to convert the federal automobile fleet to hybrids
• $1 billion for the Census Bureau
• $850 million for Amtrak
• $87 million for a polar icebreaking ship
• $1.7 million for the “critical deferred maintenance needs” in the National Park System
• $55 million for the preservation of historic landmarks
• $79 billion to bail out state governments that failed to balance their books

Republicans support economic stimulus based on long term changes to tax policy, fiscal policy and monetary policy which supports savings, growth and investment.  It is impossible to collectivize risk while at the same time individualize success.

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2 Comments leave one →
  1. Gone Fishin permalink
    February 9, 2009 4:08 pm

    This spending frenzy is nuts, pure stupidity.

    I think Obama is another Jimmy Carter.

  2. Jason O'Neill permalink
    February 9, 2009 7:43 pm

    I agree. Check out this link to read more on this wasteful SPENDING bill:

    http://readthestimulus.org/

    Go ahead. Find the bacon. I did.

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