The stimulus plan is coming. $875 billion of government goodness. Will it save our economy? Well, we won't really ever know. After all, we don't know what would happen if it fails, we'll just have to see what happens when it succeeds.
So what is of that mo all ney spent on? Over at the Republican Cloak Room, is the Republican Party's official statement on the stimulus plan. It makes some pretty serious assertions.
- "Supporters of H.R. 1 have described this legislation as a transportation and infrastructure investment package. However, the bill only includes $30 billion – a mere 3 percent of the funding – toward “shovel ready” road and highway spending."
- "H.R. 1 provides funding for 32 new programs totaling $137 billion or 38 percent of all discretionary spending in the bill."
OK, there's lots of others that I don't have time to go over. Give it a read. It may just give you pause about what we're about to jump into.