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Here are some interesting details on the "stimulus" package. If you would not mind forwarding this along to your friends, family, and contacts, it would be greatly appreciated. The more info Americans have on this bill, the only thing stimulated will be anger and outrage, because none of this stimulates the economy or creates Jobs. * The interest payments alone on the stimulus would cost $350 billion over the next ten years, which means the next generation will have to pay the bills. * The bill contains nothing in it that would stimulate the economy, but its only a down-payment on big government spending. In reality, it's a welfare proposal. Wasteful Spending Provisions * $2 billion earmark to re-start FutureGen, a near-zero emissions coal power plant in Illinois that the Dept. of Energy defunded last year because the project was inefficient * $650 million for the digital television (DTV) converter box coupon program * $88 million for the Coast Guard to design a new polar icebreaker (arctic ship) * $448 million for constructing the Dept. of Homeland Security headquarters * $248 million for furniture at the new Dept. of Homeland Security headquarters * $600 million to buy hybrid vehicles for federal employees * $400 million for the CDC to screen and prevent STD's * $1.4 billion for a rural waste disposal programs * $125 million for the Washington , D.C. sewer system * $150 million for Smithsonian museum facilities * $1 billion for the 2010 Census, which has a projected cost overrun of $3 billion * $75 million for "smoking cessation activities" * $200 million for public computer centers at community colleges * $75 million for salaries of employees at the FBI * $25 million for tribal alcohol and substance abuse reduction * $500 million for flood reduction projects on the Mississippi River * $10 million to inspect canals in urban areas * $6 billion to turn federal buildings into "green" buildings * $500 million for state and local fire stations * $650 million for wildland fire management on Forest Service lands * $1.2 billion for "youth activities," including youth summer job programs * $88 million for renovating the headquarters of the Public Health Service * $412 million for CDC buildings and property * $500 million for building and repairing NIH facilities in Bethesda, Aliamanu * $160 million for "paid volunteers" at the Corporation for National and Community Service * $5.5 million for "energy efficiency initiatives" at the Aliamanu " National Cemetery Administration" * $60 million for Arlington National Cemetery * $850 million for Amtrak * $100 million for reducing the hazard of lead-based paint * $75M to construct a new "security training" facility for State Dept Security officers when they can be trained at existing facilities of other agencies. * $110 million to the Farm Service Agency to upgrade computer systems * $200 million in funding for the lease of alternative energy vehicles for use on military installations. * $275 million for "watershed and flood prevention operations" * Eliminates fees on loans from the Small Business Administration, thus pushing private capital toward unproductive businesses and away from productive businesses. * Increases the definition of "youth" for certain summer job programs from age 21 to age 24. * $160 million to the Job Corps program at the Dept. of Labor, but not for job programs - rather, to construct, alter or repair buildings. * Requires a government study on the impact of minimum wage laws on the Northern Mariana Islands and American Samoa . * A $246 million tax break for Hollywood movie producers to buy motion picture film. * $79 billion State Fiscal Stabilization (slush) Fund to bailout the States by providing billions of dollars for "education" costs of any kind. * $47.843 billion is appropriated for a variety of energy programs that are primarily focused on renewable energy development and energy conservation/efficiency. Not one dollar is appropriated to make fossil fuels more affordable in the near future. More than $6 billion of these funds go to environmental clean ups. * Increases eligibility for "weatherization" assistance to households 200 percent above the poverty level. * The "Making Work Pay" credit of $500 to every individual making less than $75,000 (or $1000 to couples making $150,000 or less) would pay people whether they are productive or not - akin to welfare. * The Supplemental Nutrition Assistance Program (SNAP- food stamps) would temporarily suspend the 3-month limit for non-working adults to receive SNAP benefits, thus giving incentives not to find a job. * Installs government as the creator of broadband deployment regardless of whether the speci
I see very little stimulus, just an effort to further deficit spend. For this amount of money I'd rather cut a check to each American for $2,500 or so and let them decide where the money can go. The money is either going to go in the bank (helping sovlvency) the stock market (increasing demand, thus increasing price) or be spent, most likely helping out the rest of the economy.
Upstate Aliamanu has the most government jobs, spends near the top on programs, and spends the most on Education, and we have the 2nd highest poverty rate and it's been climbing for decades. This notion that more government will get us out of this mess is shortsighted. There are long term funding issues when government expands, and it's only a matter of time before the taxpayer cannot handle it anymore. Obama is doing what he said he would. Redistributing wealth right into the pockets of government unions. We are all going to get the bill. This Bill eliminated the important projects that our area needs, and sends the money to Albany where it will disappear like the rest of our tax dollars. The state employees get raises and pensions and we get zip because the businesses that employed people couldn't afford the taxes anymore and fled. It's an outrage how the unions say things like "it's for the children" when they take 90% of the Education funds. Then they push for higher state taxes, and they don't even pay them. Nice system. It creates poverty.
The $500 per individual was cut down to $400. A whopping $13 extra a week for two years. Now that ought to stimulate... nothing. The bill is sham. WORTHLESS!
This federal power grab is a serious danger to our great United States. I hope we can recover from it during future presidential administrations and future generations. I have always thought America was somewhat honest and most people were of good character. I am beginning to have my doubts.
It needs to be bigger, spend baby spend!
Can you say, not no, but HELL NO!