Wednesday, February 25, 2009

House Democrats pass another $410 billion pork laden spending bill


Voting along party lines, the Democratically controlled House passed another $410 billion in spending on top of the $787 billion stimulus bill that President Barack Obama signed last week. This bill has over 9,000 earmarks included in it. This legislation will grow the government at an 8.3 percent rate. Congress has passed $1197 billion in new spending in the last few sessions. When you add the $700 billion in TARP money for bank bailouts, the total is $1897 billion in new spending. When you divide this money by the approximately 110 million US households, the spending comes to $17, 245 per household. How much money will taxpayers get? Taxpayers are individually getting only $8 a week in tax cuts from these three bills. Democrats love to spend our money for us.

House OKs $410B spending, reverses Bush policies
Feb 25 06:13 PM US/Eastern
By DAVID ESPO
AP Special Correspondent

WASHINGTON (AP) - The Democratic-controlled House pushed through $410 billion legislation Wednesday that boosted domestic programs, bristled with earmarks and chipped away at policies left behind by the Bush administration.

The vote was 245-178, largely along party lines.

Republicans assailed the measure as too costly—particularly on the heels of a $787 billion stimulus bill that President Barack Obama signed last week. But Democrats jabbed back.

"The same people who drove the economy into the ditch are now complaining about the size of the tow truck," said Rep. James McGovern, D-Mass., pointing out the large increase in deficits that President George W. Bush and GOP-controlled Congresses amassed.

From the GOP side, Rep. Jeb Hensarling of Texas said the legislation was "going to grow the government 8.3 percent ... but the family budget which has to pay for the federal budget only grew at 1.3 percent last year. (exceprt) read more at breitbart.com

1 comment:

Anonymous said...

IMHO, I think the reason why there's only $8 in tax cuts for each household a week is because the rest is spent on public projects such as infrastructure where anybody can benefit.