Filed under: Presidential Politics | Tags: bailout, Michael McCaul, politics, stimulus, Washington
By Congressman Michael McCaul (R-TX 10)
President Obama and the Democrats that control Congress have made a hard push for their so-called economic stimulus package to mend our economy. Later today, I will have to vote on this bill. And before I do, I want to share with you some of the many reasons why I intend to vote against it.
· $80 billion for refundable tax-credits to individuals, even if they pay no taxes.
· $1 billion for the 2010 census
· $650 million for digital TV coupons.
· $600 million for new cars for the federal government.
· $6 billion for colleges/universities – many which have billion dollar endowments.
· $50 million in funding for the National Endowment of the Arts.
· $44 million for repairs to U.S. Department of Agriculture headquarters.
· $200 million for the National Mall
· $800 million to Amtrak
· $335 million for Sexually Transmitted Disease education and prevention
· $150 million for Smithsonian repairs
None of these will stimulate the economy. Once again, the Democrats have taken advantage of an economic emergency to push through and fund parts of their own liberal agenda. Worse, the frivolous spending far outweighs the few pieces of the bill that will create jobs quickly enough to impact the economy and get it moving again.
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