From: www.foxnews.com today:
Democratic leaders are hailing the economic stimulus bill as a way to "invest quickly into the economy," but according to a Wall Street Journal estimate, only about 12 cents of every dollar will actually go to "something that can plausibly be considered a growth stimulus."
President Obama has defined stimulus as money that would go into creating jobs and moving the economy in the next two years...
Tucked in among the vast construction projects and tax relief programs is an effort to revive a law that's been dead for over 60 years that would provide up to $198 million in pensions for Filipinos who fought alongside the U.S. during WWII. U.S. citizens would get $15,000 a year, but even non-citizens would still get $9,000 a year.
The bill also invests heavily in research and technology. NASA is set to receive $450 million for "Science" and another $200 million for "Aeronautics."
More than $28 billion is being provided to put kids in special education, Head Start and child care and development programs for disadvantaged children...
-- $100 million for the Lead-Based Paint Hazard Control Grant Program
-- $200 million to the Leaking Underground Storage Tank Trust Fund Program
-- $300 million for "Violence Against Women Prevention and Prosecution Programs"
-- $900 million for the IRS for the "Limitation on Administrative Expenses"
-- $1 million for the Railroad Retirement Board for administrative costs
-- $2 billion for the Drinking Water State Revolving Act
-- $50 million for Health and Human Services to carry out injury prevention programs
-- $1.1 billion for studies on the effectiveness of different medical treatments
-- $200 million to upgrade labs and facilities for the Department of Agriculture "to improve workplace safety and mission-area efficiencies"
-- $10 million for urban canal inspection
-- $16 billion to pay for student financial aid
-- $1 billion to pay for the U.S. Census
-- $600 million to pay for a fuel-efficient federal auto fleet
-- $650 million for the Digital Converter Box Program to help the constantly delayed transition from analog television
-- $485 million to the Forest Service for "hazardous fuels reduction and hazard mitigation activities in areas at high risk of catastrophic wildfire"
-- Up to $1 billion for "summer activities" for youths as old as 24
-- $40 million for the occupational research agenda
-- $3 billion for the Centers for Disease Control wellness programs and vaccinations
-- $410 million for Indian health facilities
-- $2.4 billion for carbon-capture demonstrations
Someone needs to be held accountable for this. Thoughts of what can be done?
Thursday, February 12, 2009
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