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  • "Stimulus" 101 Update: The Trillion Dollar Spending Plan Passes House

    On Wednesday, January 28, the House passed the single largest spending bill in United States history by a 244-188 vote. It remains to be seen where the stimulus is in this bill. Conservative alternatives exist that promise twice the jobs at half the cost, yet the Left continues to support a plan that does little more than advance an ideological agenda of nationalized health care and education.

    Small victories have been won.  First, we applaud conservatives for sticking together against a plan that offers no bipartisan solution to America’s economic problems. While bipartisanship was the talking point du jour this week, it was not evident in the actual language of the bill which was written by a precious few.  Second, we applaud President Obama for asking Speaker Pelosi to rightly remove the provisions for family planning and re-sodding the National Mall.  While countless other projects like this remain, it was a welcome sight to see the President in total agreement on these two, when pressed.  Third, we applaud the bipartisan spirit in the U.S. Senate when they joined together to support one more year of relief from Alternative Minimum Tax. Despite the Obama Administration urging them not to do so, Senators from both sides of the aisle were able to see that protecting as many as 24 million working families from tax increases during these tough economic times, is the right kind of ‘stimulus’.

    Now the bill moves to the Senate where we hope it will receive more debate, more input and more relief for working families. While we appreciate the enthusiasm by the Left to enact their liberal agenda as quickly as possible, a stimulus bill should create jobs not push social programs. While Congress rallies against corporate bonuses and jets, they should also refrain from rewarding themselves with a One Trillion Dollar Signing Bonus.

    Below is an updated ’101′ index as to why Spending Does Not Equal Stimulus:

    HIGH COST TO AMERICAN TAXPAYERS

    • After Congress appropriates the FY’09 omnibus bill, they may have spent over $1.6 Trillion in less than one month!
      The current “stimulus bill” is on track to be the LARGEST SPENDING BILL EVER enacted by Congress, making the New Deal look small in today’s dollars. 2010 spending in this bill is more than double New Deal spending in 1936.
    • According to the Congressional Budget Office, the cost of borrowing this money is estimated at over $347 billion, bringing the total cost of the spending package to well over $1.1 Trillion.
    • The “Stimulus” Bills Your Family – $819 Billion is equivalent to borrowing $10,520 from EVERY FAMILY IN AMERICA. This borrowed money is equivalent to what the average family spends on food, clothing, and health care in an entire year.
    • If Government Spending solved recessions, we would never have recessions.

    BAD IDEAS – “THE DEVIL IN DISGUISE”
    The hidden liberal policy agenda inside the ‘stimulus bill’:

    • Over $142 Billion in Federal education funds: Nearly double the total outlays for the Dept. of Education in 2007 – making good on Reid-Pelosi-Obama education promises to the NEA.
    • $87 Billion Medicaid bailout: If we keep bailing states out without any accountability, they will have every incentive to continue irresponsible spending. It forces fiscally responsible taxpayers in states, like Indiana, to pay for the fiscally irresponsible decisions by bureaucrats in states like Illinois.
    • Expanded Medicaid coverage and SCHIP: Congress is using the stimulus to push forward their liberal health care agenda. This incremental strategy will ultimately move the country closer the tipping point where government will control more health care spending than the private sector – leaving individuals and families will less control over their personal health care decisions.
    • Green Jobs?: The myth of ‘green jobs’ merely means replacing one job lost, with a new job that fits the left’s agenda. It is a zero sum game. More than doubling spending, the stimulus also has over $35 billion for the Dept. of Energy. DOE’s current budget is $23.8 billion.
    • Redistribution: Refundable “Make Work Pay” Tax Credits for people who don’t pay taxes
    • Pork Spending: TV Coupons ($650 M), Nat’l Endowment for the Arts ($50 M), Hollywood ($246 M)

    BAD RESULTS

    • No Jobs: While they have not been able to support these claims, Pelosi/Obama promise between 3 & 4 million jobs, yet House Tax Committee staff can’t estimate even ONE job will be created.
    • Ineffective: The Congressional Budget Office estimates that only 52% of the spending in the ‘stimulus’ bill can even be spent by the end of FY’10. Well short of the 75% benchmark.

    “We have tried spending money. We are spending more than we have ever spent before and it does not work.” – FDR’s Treasury Sec. Henry Morgenthau Jr., architect of the New Deal.

    BETTER IDEAS – TWICE THE JOBS, HALF THE COST

    • Make the 2001 and 2003 Tax Cuts permanent, instead of raising taxes in 2011; Reduce Marginal Tax Rates for Individuals and Businesses by 10% creating new jobs. Adopting just this one proposal would create between 500,000 and 1 million jobs in one year.
    • Reduce the Death Tax to at least 15% ($5 mil. individual exclusion)
    • Enact long-term reforms and budgets for entitlement spending, putting long-term obligations from Social Security, Medicare and Medicaid, front and center in the budget process.
    • Assess and enforce long term spending rules in Congress. Get us out of debt!
    Posted in Ongoing Priorities [slideshow_deploy]

    37 Responses to "Stimulus" 101 Update: The Trillion Dollar Spending Plan Passes House

    1. PizzaForADream.com, says:

      Thanks for keeping us all informed. I just found you guys on Twitter and I know your updates will prove invaluable to freedom loving, conservatives like myself. It sickens me that in the middle of a global economic crisis, our government is once again thinking only of themselves and their power.

    2. ThePayne, Ball Groun says:

      I haven't heard a word about providing an incentive to these companies that have outsourced their labor and/or factories oversees or across the border. My understanding is that there are THOUSANDS of jobs that America has lost, due to this outsourcing. Why can't part of the stimulus be to get these companies to move their operations/manufacturing back home and put some of these poor Americans back to work?

    3. John Theobald, Marie says:

      It may have passed the house, but it doesn't pass the smell test. It reeks of socialism, debt, and Pelosi.

      "Considering the general tendency to multiply offices and dependencies and to increase expense to the ultimate term of burden which the citizen can bear, it behooves us to avail ourselves of every occasion which presents itself for taking off the surcharge; that it may never be seen here that, after leaving to labor the smallest portion of its earnings on which it can subsist, government shall itself consume the residue of what it was instituted to guard." — Thomas Jefferson

    4. DON DALLAS, TEXAS says:

      IF THESE LIBERALS WANT TO HELP THE ECONOMY, THEN ELIMINATE THE TAXES I PAY ON MY SOCIAL SECURITY INCOME. WHY SHOULD WE BE TAXED ON MONEY THAT WE ALREADY PAID TAXES ON?

    5. Bernie koalska St Pa says:

      I think as a retire ex hard working American the whole Bill stinks in capital letters Put that in your democratic pipes and smoke it You might be able to bullshit the people some of the time but not all the time.You guys and girls should be kicked out after two terms in office and that is even to long

    6. Bernie koalska St Pa says:

      the bill stinks

    7. Eric Glashouwer says:

      How about a one year payroll tax holiday for both employers and employees. It would increase everyones paycheck and save money for business

      who are required to match the employees portion.

      Business would be less likely to cut jobs if this plan were passed.

      ERic Glashouwer, CPA

    8. Billy, Bakersfield, says:

      I can fix it, say no, take the red pen and start crossing out items. When asked what lobbying group andswer the United Tax Payers of America…

    9. Michael Starr, Delaw says:

      This stimulus bill which just passed the house is nothing but cash for votes.

      A proper stimulus plan would be:

      • A four year plan to reduce business taxes

      o Year 1 0%

      o Year 2 6%

      o Year 3 12%

      o Year 4 18%

      This would stop the current layoffs (for the democrats in the audience that means saving jobs). Bring back manufacturing and high tech jobs to the US (again for the dems in the audience this would provide permanent high paying jobs, which laying sod on the national mall is low paying and temporary)

      • Take the remaining 300 + Billion in the TARP fund and issue it to tax paying Americans to spend.

      Tax paying Americans will spend the money on reducing their mortgage to once again have equity in their home, pay off credit card debt, purchase a new car, etc., etc.

      • Appoint an independent council to investigate, prosecute & jail anyone who had a hand in the financial meltdown in the first place. The CEO’s, CFO’s, Republicans & Democrats who perpetrated this rape of America. For you democrats who are scratching your heads on this one, it simply would instill public trust in the system. You have heard of trust haven’t you?

    10. David Lewis, San Die says:

      Why are we allowing our government to continue to put us into more and more debt. Doesn't that weaken us as a nation.Can we ever get out of debt? Also, the left continues to push for more and more "green" solutions and jobs, I wonder how many of them are looking for one right now.

    11. Jeremy Kolb says:

      everyone else is downsizing to stay competive in the global economy, it is time for the United States government to downsize.

    12. Margaret Harris says:

      I am also pleased that some Democrats went across the grain to stand with conservatives on this bill.

    13. Pingback: Jason’s Blog » “Stimulus” 101 Update: The Trillion Dollar Spending Plan Passes House

    14. James V. Ciaravino says:

      I think the government cannot speand this kind of money without having a long debate about what it will or won't do for U.S. citizens and to help out the economy. It is ridiculous to say that this has to be done so quickly. This should be a much more thought out process if is going to be effective.

    15. Albert Voss, Mims, F says:

      As a lifetime Conservative, this spending lust of the Democratic party and it's liberal policies and beliefs scares the stuffing out of me. We are, however only talking to ourselves, we need to get the message out to the masses. Those who voted for this government need to be informed. I propose advertising on major networks where most of them view their programs. We need to get them familiar with the alternatives to this socialistic approach to government. Lots of conservative voices are talking but we need to join forces and put out a campaign to win back some of the ill informed voters. We need to make gains in the next congressional elections.

    16. richard weirton says:

      I'm so glad that the Republicans finally got some backbone and stood up for what is right for our country. Anyone with half a brain can see that this is not a stimulas package, it's a destroy America package, which seems to be every liberals dream….

    17. Nancy, Florida says:

      I too am pleased to see several Democrats vote against this bill.

      We all need to send letters too all the Republicans and Democrats who voted against this to thank them and let them know we support them even though they may not be in your state or district. We also should send letters to the Democrats who voted for this bill and let them know that we will make it clear to all that we do not support them and will let their constituents know not to vote for them next election.

      I don't believe that most Americans agree with this bill. We have to ban together and get this "career minded" legislature cancer out of Washington.

    18. Gary Tekely--Calif. says:

      We all need to call the White House, 202-456-1111, and the Capital Switchboard, 202-224-3121, voice your concerns.Also call and E-mail your Senators. We need to lower taxes now, that is the best stimulus for all Americans.

    19. Tricia Tellez Giron, says:

      Albert, I don't think we could pay enough to advertise on major networks. These are the very people who put this government in power. I guess they are going to have to learn the hard way, and I'm afraid our very freedom is at risk.

    20. Juan A. Vega, Sr. Co says:

      It is absolutely incredible that the Stimulus Bill has no provisions whatesover targeting loans or financial incentives for small businesses. We generate more than 70% of the jobs in this country. In addition now that they passed the bill and assumes that it will make it pass the Senate and the President how are they going to fund it? China has huge demands on its reserves becuase of the wordlwide slowdown and the need to prevent unrest. Russia, and India are also in the tank. And the aggregate of the deficits that need to be funded if one only considers Europe and the US is beyond any rime or reason as to how all that paper will be floated and absorbed and if so at what cost. Inflation is inevitable and the "control" freaks in the left will just make it worse by trying to control prices. Jimmy Carter must be smiling.

    21. Kent, Virginia says:

      Fascists (National Socialists) of the past, all the way back to Robespierre and the French revolution, have seen the value of keeping a nation in a constant state of crisis and urgency. That way they can push through their plans of social engineering with little opposition. The Democrats began sowing the seeds of this financial crisis during the Clinton administration. This is not a stimulus package. It's a power grab to Nationalize whole sectors of our society and pay off large campaign donors. The whole thing smacks of National Socialism.

      We need to push for term limits for all federal representatives and kick the professional politicians out into the real world where they can learn how to live on what they earn and not what they can take from the pockets of our children and grandchildren. Our grandkids will have to pay 20 to 30 thousand dollars a year in taxes to pay this debt. Wake up America! Is this the CHANGE you voted for?

    22. David TN says:

      As a veteran during the "cold war" I find it hard to believe that the nation that I fought once is becoming the nation where I live. Do we the people want some central government telling us exactly what we are going to do, what we are going to be, from the time that we are born till the moment we die? As a nation this must be true or we would not have the people in office at the federal level that we do.

    23. Miles, IL says:

      Can anyone post the names of the 11 Dems that voted against the stimulus bill? They need to be thanked.

    24. DIANA MORGAN - NEW O says:

      RORY,

      THANKS FOR YOUR INFORMATIVE ANALYSIS OF THE

      OVERWHELMING STIMULUS PACKAGE THAT HAS JUST BEEN

      PASSED IN CONGRESS…AND HAS JUST LEFT

      MILLIONS OF AMERICANS LIKE MYSELF FEELING

      COMPLETELY SHOCKED AND ANGERED !!!

      BARACK OBAMA'S ARROGANCE IS WITHOUT LIMIT!!!!

      HE IS A RADICAL OF THE WORST SORT !!!!!

      HE IS BOTH INSULTING AND DEMEANING IN HIS

      APPROACH TO THOSE THAT WOULD DISAGREE

      OR OFFER ALTERNATIVE SOLUTIONS!!!!

      THERE ARE MILLIONS OF PEOPLE WHO DO NOT

      WANT THIS MAN'S EXTREME SOCIALIST AGENDA…

      IT IS DESIGNED TO CHANGE THE FABRIC OF

      THIS COUNTRY AND IT'S FREE MARKET SYSTEM!!!

      IT IS ASTOUNDING TO ME THAT A GOVERNMENT,

      THAT SEVERAL MONTHS AGO,SHOCKED THE MIND

      OF MOST AMERICANS WITH THEIR ORIGINAL

      BAIL OUT PACKAGE… IS NOW BACK AND

      ATTEMPTING ONCE AGAIN TO R-U-S-H THROUGH

      A SPENDING PACKAGE THAT HAS NOTHING TO

      DO WITH STIMULUS AND CAUSES THE BAIL

      OUT (UNSUCCESSFUL, I MIGHT ADD… AND

      THE BRAINCHILD OF OUR ILLUSTRIOUS

      TREASURY SECRETARY – KEN GEITHNER…)

      TO PALE BY COMPARISON!!!!!!

      YOU MAKE NO MENTION IN YOUR OVERVIEW

      OF THE 4.9 BILLION… DEDICATED TO THE

      "NEIGHBORHOOD STABILIZATION ACT" WHICH

      IS NOTHING MORE THAN A "COVER" FOR

      "A-C-O-R-N"!

      W-H-Y I-S T-H-I-S N-O-T B-E-I-N-G

      I-N V-E-S-T-I-G-A-T-E-D ? ? ? ? ?

      HAS ANYONE RESEARCHED THIS AND IF SO,

      WHEN WILL IT BE BROUGHT TO LIGHT???…

      SADLY… AND INFURIATINGLY… THE

      MESSAGE THIS GOVERNMENT AND THE RABID

      LEFTIST PORTION OF THE DEMOCRATIC PARTY

      ARE SENDING TO THE GOOD PEOPLE OF THIS

      COUNTRY THAT HAVE "PLAYED BY THE RULES"

      ALL OF THEIR LIVES..IS THAT THEY J-U-S-T

      D-O-N-'T M-A-T-T-E-R !!!!!!

      I AM TIRED OF THE CLASS ENVY THAT HAS

      BEEN CONTINUALLY PROMOTED BY THE DEMOCRATIC

      PARTY… IN ORDER FOR THEIR PREDITORY

      MEASURES OF WEALTH REDISTRIBUTION TO

      SUCCEED IN REWARDING THOSE WHO DO NOT

      PARTICIPATE IN HARD WORK OR SACRIFICE…

      THIS SEGMENT OF OUR POPULATION HAS A

      VERY WARPED SENSE OF ENTITLEMENT…

      THAT HAS BEEN CREATED AND EXPLOITED

      BY THE LEFT WING OF THE DEMOCRATIC

      PARTY IN ORDER TO GAIN POWER!!

      HAVE WE HAD ABOUT ENOUGH?????

      THEY ARE USING THIS FINANCIAL CRISIS ( MANU-

      FACTURED AND EXAGGERATED TO A GREAT DEGREE..)

      TO MANIPULATE AND EXPLOIT THE FEAR OF THE

      AMERICAN PEOPLE….

      WOULD YOUR ORGANIZATION RESEARCH AND INFORM

      THE POWERS IN THE REPUBLICAN PARTY OF THE

      MERITS OF PASSING AN AMENDMENT TO LIMIT

      THE POWER OF GOVERNMENT EVEN IN IT'S

      PRESENT POWER THAT WAS GRANTED TO THE

      SECRETARY OF THE TREASURY IN THE BAIL

      OUT???

      THIS AMENDMENT SHOULD BE USED AS A BARGAINING

      CHIP AND PLACED WITHIN THIS STIMULUS PACKAGE…

      ALONG WITH THE ELIMINATION OF ALL OF THE

      OUTRAGEOUS SPECIAL INTEREST FUNDING….

      PLEASE LET US KNOW OF "GRASS ROOTS" ORGANIZATIONS

      WHERE WE CAN GATHER TOGETHER TO FIGHT AGAINST

      THE "TYRANNY" OF THIS NEW ADMINISTRATION !!!!

    25. Burt Noyes, St. Augu says:

      American News Blog

      The House Republicans are one of the last bastions of conservatism left in Washington. So it's no surprise that they voted unanimously against the "Stimulus" Bill.

      The real problem is the Senate, where the GOP has bent over and firmly grabbed their ankles in an effort to win Obama's (PBUH) approval. DeMint and whatever other conservatives are left in the Senate will have to make a principled but inevitably powerless attempt to stop the "Stimulus" Bill.

      And DeMint had better watch out, because the GOP castrati have put their laser sights on DeMint and are angling to take him out or substantially weaken his influence in the Senate.

    26. Phil, Harrisburg,PA says:

      I think just like everyone else here as I read the contents of this bill I want to vomit. The words 'egregious, arrogant, presumptuous and disgusting' all immediately come to mind.

      I think back to the Presidential debates and can recall Obama repeatedly making reference to going through each spending proposal and using a scalpel to remove that which was unncessary and a poor use of the American tax dollar. I think its quite clear now that what is 'unnecessary and wasteful' is in the eye of the beholder…or in this case the liberal-minded Democrat. This hack is so far left he has now rational concept of wastefulness. The new President of these United States is one blatantly egocentric individual.

    27. Sean McCaffrey, Aust says:

      Unfortunately, the Republicans (who i have voted for in every election I have been able to in a block vote) have squandered the opportunity to be fiscally conservative. That is why the Dems are in control, people like me have just given up. It doesn't matter who is in control, the only difference any more is really the pro life issue, other than that, Republicans spend like drunken sailors when in power too. This posturing now that they are out of office makes me ill…where were they with the prescription drug program? When we spent so much on our own entitlements? Nice rhetoric, too bad the character/conviction/integrity goes away when in power…

    28. eugene frazer mounds says:

      ten days in office and this half black man should just quit allready, what a moron. we all are not dopes like he is.

    29. Michael DeCilla, Mar says:

      Just learned of this site as Michael Savage, talk show radio host introduced a guest speaker from this organization. I think Diana Morgan should contact the Savage network and inform him of the “NEIGHBORHOOD STABILIZATION ACT” WHICH is nothing more than a cover for ACORN. His phone is 800-449-8255. It is my opinion that this man Savage in addition to Neil Boortz are the type of intellectual and knowledgeable individuals who we should rally behind to get us further united.

    30. Pingback: What We Lost With The Passage Of The Stimulus Package - Pejman_Yousefzadeh’s blog - RedState

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    32. Ken P. Morningastar, says:

      Social programs will not create jobs in the numbers needed to replace those already lost. The immidiate problem is stablizing jobs and most of the money in the plan will not create jobs in the numbers needed and not fast enough to keep us out of a far worse depression.

      If the answer to growing the economy really was increasing the funding of std research or buying government officials new cars I might have been for it, until they mentioned that our government can't afford these things unless we put all of the next generation under the burden of paying off the debt. Debt caused by our lack of responsibilty and wreckless abandon.

      I will not support a new effort to reinforce the enslavement of future generations with more of this generations debt.

      I would support spending federal money on projects that would create real jobs, providing that most jobs would become new careers. An investment in technology and other areas where innovation can spur long lasting growth across many fields would make more sense, but the payback must be short enough so the debt wont get passed along to our kids.

    33. Linda Greer says:

      Hey..we need to stop preaching to the choir..We have got to get this stuff out there to people who don't look at anything that smells like a republican "blog" I never hear anything on the news updates,radio talk shows that would explain why this "bloodyBill" will push us back so far we cannot get out. Tell us who to e-mail..where to find a petition to tell all, or even get rid of Pelosi..Better yet,we need to get the ones who are brave enough to vote against it to explain why in a language that a normal Obamma follower would understand.while he has a MIKE in his hand or pointed at him. I am one who may loose a home..one we paid down on with saved money..due to 190,000.00 in uncovered medical bills Because of a job of 17 years dropping good coverage because so many of their workers were on medical they didn't need it..Then we were forced to use all of our retirement Ira..all of an income annuity set up for me from a spinal injury.we were never late and to date have never been given one dime..all we asked for is postponement on our proprety taxes until March of this year.We missed 1/2 a year for the first time.We were turned down for that..Hey how about allowing people like us to work things out without having to take money..NOPE they would rather dish it out to people who have not worked for it and banks that will hord it, and dished out to people who don't care enough about being an American citizen to do anything about it.

      It reminds me of the movie Independence Day..THEY COME< THEY TAKE EVERYTHING THEN THEY LEAVE OR WAIT FOR SOMEONE TO COME BAIL THEM OFF A DYING PLANET..

      Thanks for letting preach to the choir

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