The Pelosi-Obama-Reid troika is looking to put taxpayers on the hook for paying for their trillion dollar spending plan under the guise of economic “stimulus”. Taxpayers, who have already been saddled with a series of government bailouts in recent months, cannot afford this bloated spending package riddled with pork-barrel spending that will do nothing to “stimulate” the economy.
This “stimulus” bill is being labeled as a temporary, one-time spending package. However, it contains at least
32 new government programs at a price tag of over $136 billion. In addition, it permanently expands other programs, including education programs and Medicaid spending for the states bailing them out for fiscal profligacy.
Does anybody really believe Congress will scale back these programs next time around?
It is time to stop taking more money out of the productive sector of the economy to throw political favors in the form of hand-picked projects with dubious merits! If the goal is to stimulate the ailing economy, Congress should reject this ill-conceived spending package and enact meaningful tax cuts instead!