Going Going Gone

February 2, 2009 at 11:42 pm 1 comment

legislation

Well, it will be all be going, going, gone if this bailout gets passed the way it is written. Consider more details of what this MASSIVE bill contains. Things that you are not hearing in the media. If you go through and read the bill you will find all this, the general public does not ever actually look at the contents of the legislation so we miss seeing what all is actually happening in these seemingly innocent bills. This is from Roger King. He is a computer programmer from North Carolina who operates the website Politically Incorrect Facts.

Democrats would like us to believe the $825 billion dollar stimulus package is required to recover from the recession. In fact, this bill is nothing but a conglomeration of the spending packages they have dreamed about for the past few decades. The main stream media also seems to have forgotten to tell us that with interest this bill comes to over $1.1 trillion dollars. This debt amounts to over $9,000 per family in taxes.

According to the Wall Street Journal only 12% of the package could conceivably be regarded as stimulating the economy. Even if we accept Obama’s claim that this bill would save or create 3.7 million jobs, that would amount to a cost of $200,000 per job.

Alan Reynolds article $646,214 Per Government Job also tells us the stimulus package doesn’t even target the groups hardest hit by unemployment.

The December unemployment rate was only 2.3% for government workers and 3.8% in education and health. Unemployment rates in manufacturing and construction, by contrast, were 8.3% and 15.2% respectively. Yet 39% of the $550 billion in the bill would go to state and local governments. Another 17.3% would go to health and education—sectors where relatively secure government jobs are also prevalent. If the intent of the plan is to alleviate unemployment, why spend over half of the money on sectors where unemployment is lowest?

Although many of the expenditures are admirable, they certainly can’t be considered a stimulus by any stretch of the imagination.  Below is a partial list of the earmarks contained in this monstrosity.

  • This bill would add from 244,000 to 330,000 new government jobs. These are jobs that will not add to the growth of our economy and would tend to kill many private sector jobs as dollars for these jobs are no longer available to companies.
  • Global Warming
    • $2.4 billion for carbon-capture demonstration projects Link
    • $400 million for global-warming research Link
    • $600 million for grants for diesel emission reduction (Page 119) Link
  • Government Upgrades
    • $2.5 billion for the National Science Foundation Link
    • $2.0 billion for the National Park Service Link
    • $1.9 billion for the Energy Department for “basic research into the physical sciences Link
    • $1 Billion for The Follow-Up To The 2010 Census (Page 49) Link
    • $800 million for AMTRAK Link
    • $650 million for the U.S. Forest Service Link
    • $600 million for NASA Link
    • $600 million for new cars for the federal government
    • The Coast Guard wants more than $572 million for “Acquisition, Construction, & Improvements; They claim these funds will create 1,235 new jobs. Crunch the numbers and this brings the cost of “creating” each job to a staggering $460,000+ Link
    • $400 million for a new Social Security Administration computer system Link
    • $276 million to the State Department to upgrade and modernize its information technology Link
    • $245 million to upgrade the information technology of the Farm Service Agency Link
    • $227 million for oversight of the pork barrel spending in the stimulus (Page 11) Link
    • $209 million for maintenance work for the Federal Agricultural Research Service Link
    • $200 million for Dept. of Defense to acquire alternative energy vehicles. Link
    • $200 million to re-sod the National Mall Link
    • $150 million for maintenance work at the Smithsonian Institution Link
    • $44 million for repairs and improvements at the Washington, D.C. headquarters of the Department of Agriculture Link
  • Schools
    • $66B on education, but they specifically exclude private K-12 schools from getting one dime of it. Link
    • $17 billion for Pell Grants Link
    • $13 billion in IDEA, Part B State grants to help pay for “the excess costs of providing special education and related services to children with disabilities. Link
    • $13 billion in Title I grants “to provide extra academic support to help raise the achievement of students at risk of educational failure or to help all students in high-poverty schools meet challenging State academic standards Link
    • $6 billion goes to college and universities link
    • $3.5 billion for higher education facilities. Link
    • $2.1 billion is for Head Start Link
    • $1 billion for Technology Education Link
    • $250-million for an after-school snack program. Link
  • Social Programs
    • $87 billion is to be spent on Medicaid, a welfare program already costing roughly $400 billion per year Link
    • $83 billion for the earned income credit for people who don’t pay income tax Link
    • $36 billion for expanded unemployment benefits Link
    • $20 billion for increased food stamps, including lifting restrictions on how long welfare dependents can receive food stamp benefits. Link
    • $6 billion program to “weatherize modest-income homes Link
    • $5 billion is devoted to public housing Link
    • $3 billion for health care prevention and wellness programs, such as childhood immunizations and other state and local public health programs Link
    • $2 billion is to be spent on Child Care Development Block Grants, which provide day care. Link
    • $1.7 billion is to be spent to help the homeless Link
    • $1.1 billion for so-called federal comparative effectiveness research in regard to health-care services Link
    • $1 billion goes for the Low Income Home Energy Assistance program, to help low income families pay their heating bills Link
    • $500 million to speed the processing of applications for Social Security disability claims.
    • $200 million goes for senior nutrition programs, such as Meals on Wheels Link
    • $200 million for AmeriCorps, to help satisfy “increased demand for services for vulnerable populations to meet critical needs in communities across the U.S. Link
    • $120 million to finance part-time work for seniors in community service agencies. Link
    • $100 million to reduce lead-based paint hazards for children in low income housing Link
  • MISC
    • New Programs $136 billion of the bill is for unproven ideas—to start 32 new federal programs. Link
    • $79 billion is to go the states to maintain their runaway government spending, particularly for such spendthrift jurisdictions as California, New York, New Jersey, and Massachusetts Link
    • $5.2 billion for ACORN, the left-leaning nonprofit group under federal investigation for massive voter fraud. Link Community organizers, such as the left-wing lobbying group ACORN, would get their own new slush fund of up to $750-million. Link
    • $4.2 billion provided to the Neighborhood Stabilization Fund, which provides the funds to local governments to purchase and rehab vacant housing due to foreclosure Link
    • $2 billion for Superfund cleanup Link
    • $1.2 billion for summer jobs for youth Link
    • $1 billion to the controversial Community Oriented Policing Services COPS Hiring Link
    • $650 million for digital TV coupons to help Americans upgrade to digital cable television Link
    • $335 million for sexually transmitted disease education and prevention programs at the Centers for Disease Control and Prevention Link
    • $50 million for the National Endowment of the Arts to help “the arts community throughout the United States.
    • $400 million for “habitat restoration projects” of the National Oceanic and Atmospheric Administration Link
    • $246 million for Hollywood Link
    • $200M for plug-in car stations (Page 31) Link
    • $150 million for honey bee insurance
    • $75 million for smoking cessation Link
    • $10M for bike and walking trails (Page 65) Link
  • Here are some things to consider as well:

    1. Tax Relief. Tax relief is predominately for people who do not pay taxes. “For individuals, the plan would cut taxes for most workers this year through a $500 tax credit that would be delivered by reducing paycheck withholding, a key proposal from Mr. Obama’s team. But to reduce the cost of the proposal, House lawmakers pared down that benefit so that higher-income workers are excluded. The credit would begin to phase out at $75,000 for individual taxpayers and at $150,000 for couples.”

    2. Senator Judd Gregg (R-NH) is Obama’s top pick for Commerce Secretary. “Mr. Gregg’s appointment to the post could give Mr. Obama and his Democratic Party a victory in the Senate, clearing the way for them to pass legislation without fear of a Republican filibuster. It also would provide the administration a strong ambassador to the business community in Mr. Gregg, who devised the $700 billion banking bailout package last year.”  Is he really the best man for the job, or is Obama trying to undercut the Republican party?

    3. Illegal aliens will be qualify for cash payouts. “The legislation, which would send tax credits of $500 per worker and $1,000 per couple, expressly disqualifies nonresident aliens, but it would allow people who don’t have Social Security numbers to be eligible for the checks.Undocumented immigrants who are not eligible for a Social Security number can file tax returns with an alternative number. A House-passed version of the economic recovery bill and one making its way through the Senate would allow anyone with such a number, called an individual taxpayer identification number, to qualify for the tax credits.

    4. Expanding health care and Medicade coverage. “The new Medicaid Coverage for the Unemployed program is supposedly a temporary program to cover laid-off individuals via Medicaid. And the $30 billion COBRA coverage provision, provides assistance in paying for COBRA for individuals making up to $1 million a year. All of these short-term benefits, once granted, will be hard for any Congress, of any party, to take away.

    1. Tax Relief. Tax relief is predominately for people who do not pay taxes. “For individuals, the plan would cut taxes for most workers this year through a $500 tax credit that would be delivered by reducing paycheck withholding, a key proposal from Mr. Obama’s team. But to reduce the cost of the proposal, House lawmakers pared down that benefit so that higher-income workers are excluded. The credit would begin to phase out at $75,000 for individual taxpayers and at $150,000 for couples.”

    2. Senator Judd Gregg (R-NH) is Obama’s top pick for Commerce Secretary. “Mr. Gregg’s appointment to the post could give Mr. Obama and his Democratic Party a victory in the Senate, clearing the way for them to pass legislation without fear of a Republican filibuster. It also would provide the administration a strong ambassador to the business community in Mr. Gregg, who devised the $700 billion banking bailout package last year.”  Is he really the best man for the job, or is Obama trying to undercut the Republican party?

    3. Illegal aliens will be qualify for cash payouts. “The legislation, which would send tax credits of $500 per worker and $1,000 per couple, expressly disqualifies nonresident aliens, but it would allow people who don’t have Social Security numbers to be eligible for the checks.Undocumented immigrants who are not eligible for a Social Security number can file tax returns with an alternative number. A House-passed version of the economic recovery bill and one making its way through the Senate would allow anyone with such a number, called an individual taxpayer identification number, to qualify for the tax credits.

    4. Expanding health care and Medicade coverage. “The new Medicaid Coverage for the Unemployed program is supposedly a temporary program to cover laid-off individuals via Medicaid. And the $30 billion COBRA coverage provision, provides assistance in paying for COBRA for individuals making up to $1 million a year. All of these short-term benefits, once granted, will be hard for any Congress, of any party, to take away.

    WOW. How much of that do you hear on the news at night? The no vote by the Republicans is not simply a partisan act. They are voting against something that the do NOT believe in. The way this stands now I would seriously question someone who did vote for it.

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    Entry filed under: Economy, General, Social Policy. Tags: , , , , .

    Move Over MoveOn Its True. Pelosi IS Crazy.

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