Obama Stimulus Tracking Site Up and Running By… October
I have not yet blogged about Recovery.org, the indispensable site set up by Onvia to keep track of how the Obama administration is spending your ‘stimulus’ money. Recovery.org offers a number of ways to search – by state, county and program. They provide updates on how much stimulus funding is spent over time, and how may jobs the administration contends have been created (or saved). | Read More »
Democrats Starting to Panic About Economy
Democrats in Congress are set to draft another ‘stimulus’ package — one that will waste hundreds of billions of dollars on projects that were too sketchy to make it into their first trillion dollar spending bill. They would have you believe that just like the pork-filled first bill was justified, so is this boondoggle. But it looks more like Democrats are simply too panicked about | Read More »
Pelosi: We Hate Spending Trillions of Your Money, But We Love America Enough to Spend Much More
Nancy Pelosi has got some stones: House Dems eyeing another stimulus bill At a special meeting of the Democratic Steering and Policy Committee on Tuesday morning, Democrats heard again from their trusted band of economists and came away reinforced that Congress would need to spend billions of additional taxpayer dollars in the coming months to help pull the economy out its severe recession. One proposal | Read More »
McConnell: Arlen Will be a Good Soldier
I’m here at CPAC, where I’ve had the opportunity to meet briefly with Senate GOP Leader Mitch McConnell to talk over current issues. After a strong speech (which you might ultimately be able to find here), McConnell addressed questions from several bloggers. To me, the most notable answer from McConnell came in response to a question from Fausta – when she asked his thoughts on | Read More »
Did Carl Levin and Debbie Stabenow Deliver Billionaire Paul Allen a Tax Break Worth Hundreds of Millions?
Well what do you know? Despite the rhetoric from President Obama and Congressional Democrats, it looks like the rich are set to reap more than their fair share from the Obama-Reid-Pelosi debt spending plan: Billionaire Paul Allen is a Microsoft cofounder, the owner of the NFL’s Seattle Seahawks and the owner of the NBA’s Portland Trailblazers. And, thanks to the stimulus bill President Obama signed | Read More »
Blue Dog Ellsworth: Yeah, the Stimulus Was Partisan
Gee, there seem to be lots of Blue Dogs going home and telling their constituents: The stimulus was too partisan; Republicans got shut out of the process; and, The Blue Dogs are so influential that Congressional leaders can’t ignore them anymore. It begs the question: if the Blue Dogs are so influential, then why are they now apologizing and declaiming responsibility for how it turned | Read More »
Blue Dogs Try to Stop Card Check
The Blue Dogs make a pretty good case: they bellied up to the bar and by-and-large supported a spending bill that Joe Biden warns will be used against them next year. Now the House leadership seems likely to ask them to line up and vote to end the secret ballot for union organizing — which is likely to wind up even less popular than the | Read More »
Americans Trust Themselves on the Economy More Than Obama
Yes We Can! Forty-nine percent (49%) of U.S. voters trust their own judgment more than President Obama’s when it comes to the economic issues affecting the nation.
‘Stimulus’ Bill to Save… Brooklyn Nets?
The Nets made the mistake of leaking this idea before the money was approved. They were supposed to save such discussions until after Congress passed it. That said, once states start divvying up the cash that Barack Obama wants to give them, you can bet the Nets — and a host of other franchises — will start lining up for a share of the pot: | Read More »
Top 6 Examples of Wasteful ‘Stimulus’ Spending
Courtesy of Senator McConnell’s office: • Tax Benefits For Golf Carts, Electric Motorcycles and ATVs: (Pg. 60 of the Tax Division of Conference Report, lines 9-16, “(2) SPECIFIED VEHICLE.—The term ‘specified vehicle’ means any vehicle which—‘‘(A) is a low speed vehicle within the meaning of section 571.3 of title 49, Code of Federal Regulations (as in effect on the date of the enactment of the American Recovery | Read More »
Democrat Congressman Boren: This Bill is Un-American; Obama is a Partisan
I couldn’t agree more: Blue Dog Democrat Boren, the lone Democrat [in the Oklahoma delegation - bf], was the first to pop off about President Obama. Boren said Obama “missed an opportunity” for the stimulus bill to be bipartisan. “It was a good thing for the president to meet with Republicans. The previous administration never met with Democratic members of Congress. “The problem is that | Read More »
Reid to Proceed With 60 Votes?
CNN’s Political Ticker reports that with Ted Kennedy apparently unavailable for a Senate vote tomorrow, Harry Reid is trying to line up one more Republican to vote for the Democrat spending bill. The concern is that without Kennedy, the bill has only the minimum number of votes required to pass: 60. And the three GOP supporters had made clear that their support was conditional on | Read More »
Charlie Rangel Reveals the Truth
I don’t mean to be monotonous. If you haven’t figured out by now that Congressional Democrats really have no clue what they’re doing, or whether it will work, you never will. Charlie Rangel seems to think that this is a selling point, rather than a red flag. I guess you might say there are two types of people in the world: those who think it’s | Read More »
‘Stimulus” Has $8 Billion for Harry Reid’s Re-Election Campaign
How much can you hide in a 1,434 page conference report? Quite a lot. According to Bloomberg, Congressional leaders managed to squeeze in a tax break of ‘up to $10 billion’ that General Motors has been looking for: GM won a provision that will erase a tax liability of up to $10 billion that would have resulted from restructuring efforts, said Senator Debbie Stabenow, a | Read More »
This is What ‘Deficit Hawks’ Are For
Get Flash Congressional Democrats have now agreed to a ‘bipartisan stimulus compromise’ supported by fewer than 1 percent of Congressional Republicans, on a plan to spend about $780 billion or so of your money trying to get the economy moving again. Economists say this bill might provide a few temporary jobs for some workers, but it does nothing to correct the fundamental problems of the | Read More »
White House to Renege on Senate Deal?
The Wall Street Journal says that Olympia Snowe, Susan Collins, and Arlen Specter may have been snookered. Now that the Senate has passed a slimmed-down porked up version of the Obama-Reid-Pelosi debt spending plan, the White House is pushing to add back many of the items that it cut out to get their support:
Blue Dogs: We’re in the Tank for Obama
Several days ago I wrote about the toothless and useless ‘Blue Dog Democrats,’ who strut around bragging about their commitment to balanced budgets, but who regularly take a dive when told to. Apparently their liberal masters have told them it’s time to shut up and get in line.
Levin to Shove $7 Billion GM Tax Break Into Stimulus Conference?
This provision was not in the House version of the bill, and was not in the Senate version of the bill. And now Carl Levin wants to sneak it into the conference report — despite the fact that Republican supporters are insisting that the bill be slimmed down? General Motors Corp. may win protection from a tax liability of as much as $7 billion when | Read More »
TARP II Price Tag: Another Trillion?
Bloomberg reports on the news that Treasury Secretary and Tax Cheat Tim Geithner has delayed until tomorrow the announcement of the ‘TARP II’ request. White House Economics Director Summers says that they’ve pushed it off because they don’t want any distractions from the cloture vote today on the Obama-Reid-Pelosi debt spending bill. Summers is right about one thing: if the administration announced today it was | Read More »
Biden: Spending Vote Gives GOP a Weapon Against Democrats
I’ll give Joe Biden this: he is making me seriously re-examine my pre-election statements that he was a terrible pick for Vice President. Did you know he went to the House Democratic retreat the other day, and warned them that their vote for the Obama-Reid-Pelosi debt bill would be used against them in 2010? Democratic Members and staff were grumbling about the path that the | Read More »