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"Stimulus" 101 Update: The Trillion Dollar Spending Plan Passes House
Posted By Rory Cooper On January 28, 2009 @ 7:11 pm In Ongoing Priorities | Comments Disabled
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
BAD IDEAS – “THE DEVIL IN DISGUISE”
The hidden liberal policy agenda inside the ‘stimulus bill’:
“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
Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org
URL to article: http://blog.heritage.org/2009/01/28/stimulus-101-update-the-trillion-dollar-spending-plan-passes-house/
URLs in this post:
 passed: http://www.google.com/hostednews/ap/article/ALeqM5hEx3tiPJhZQLVqjNmHR_oP6FZMuwD960EG000
 not to do so: http://www.bloomberg.com/apps/news?pid=20601087&sid=ahP7KDbZQ4MY&refer=home
 According to the Congressional Budget Office: http://www.newsmax.com/insidecover/stimulus_bill_trillions/2009/01/28/176063.html
 food, clothing, and health care: http://www.heritage.org/Research/Economy/wm2242.cfm
 $142 Billion: http://www.heritage.org/Research/Education/bg2233.cfm
 fiscally irresponsible decisions: http://www.heritage.org/Research/HealthCare/wm2235.cfm
 ‘green jobs’: http://www.heritage.org/Research/EnergyandEnvironment/wm2245.cfm
 “Make Work Pay” Tax Credits: http://www.heritage.org/Research/Taxes/wm2240.cfm
 500,000 and 1 million jobs in one year: http://www.heritage.org/Research/Economy/wm2191.cfm
 long term spending rules: http://www.heritage.org/Research/Budget/wm2199.cfm
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