August 27, 2009

The Stimulus Plan: The So-Called TAX CUTS and A Detailed List of Spending



How many of you know exactly how your taxpayer dollars were spent in the Stimulus Bill? Well here are two links that will show you how the 10% of the Stimulus Bill has been spent thus far and show you how the so-called TAX CUTS were allocated. Please pay attention to ALL the special interest groups who were KNOWN Obama supporters that were immediately paid off by the Obama administration. Most especially AMERICORP. $83,000,000 in additional awards went to existing AmeriCorps grantees and $5,200,000 went to AmeriCorps program salaries and expenses! Hhmmm... Didn't $5.7 BILLION go to AMERICORP through H.R. 1388: the G.I.V.E. Act aka The Edward M. Kennedy Serve America Act? This is an Act to reauthorize and reform the national service laws. I thank ProPublica for staying on top of this information for us!

WARNING: This information may cause nausea, severe vomitting and temporary blindness! Most expenditures have NO IMMEDIATE IMPACT on our economy! In fact, as you scroll down you will see $100s of BILLIONS of WASTEFUL SPENDING! Most of the money was paid out to existing government programs. I want to know how the items in this bill are considered to be SOUND INVESTMENTS? Who benefits the most? Our government, government employees and special interest groups! Mr. President you are using "other people's money" namely U.S. Taxpayers to foot this ENORMOUS bill and we have YET to see a RETURN ON OUR INVESTMENT! Don't you know that there is good debt and bad debt. This Stimulus bill is filled with bad debt. Mr. President you have us over-leveraged in JUNK! Mr. President it was deceiving of you and congress to have named this bill the American Recovery and Reinvestment Act of 2009. Because 95% of Americans do not see a recovery in sight. This bill should have been more appropriately named the Government Recovery and Reinvestment Act of 2009.

I would like to remind ALL Americans that President Obama signed the OMNIBUS Spending Bill on March 11, 2009. This bill is meant to fund government programs for the rest of fiscal year 2009. This bill totals $410 BILLION taxpayer dollars and has $13 BILLION taxpayer dollars allocated to WASTEFUL SPENDING. A total of 9,287 EARMARK PORK PROJECTS! Please click HERE to read the list for yourself. Taxpayers for Common Sense actually brilliantly documented the list of EARMARKS on an Excel spreadsheet. Please click HERE to view the HTML spreadsheet broken down for us! WOW great job! Thank you!

Oh and by the way, NOBODY read the Omnibus Spending bill nor did our public servants read the Stimulus bill or the other bills for that matter. Just an FYI! And they want all of us to think or believe they care about us! We're not FOOLED Mr. President. The proof is in the pudding! Which means RESULTS are what count!


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ProPublica
The Stimulus Plan: A Detailed List of Spending
by Michael Grabell and Christopher Weaver
February 13, 2009 10:24 am EST

This post was updated to reflect that the Senate voted for the stimulus package.

The House approved the economic stimulus plan Friday afternoon with a vote of 246 to 183, followed by the Senate with a vote of 60 to 38. Want to know what's in it? You could read the 1,071-page gorilla that passed today. Or you could let us do the work for you. We’ve dissected the beast in two charts – one for spending below, and one for taxes.
The appropriations section of the bill details spending in excess of $311 billion for programs ranging from Pell grants for college students to clean water in central Utah to nearly $100 billion in new transportation and infrastructure projects.

Here’s our earlier chart comparing the differences between the House, Senate, and conference versions of the bills.

This chart and other stories are part of Eye on the Stimulus, our blog dedicated to tracking the stimulus. Also, check out our ultimate bailout guide. We're tracking every taxpayer dollar, every recipient and every program in the current financial crisis. All searchable – and translated into English.

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