The ugly truth about the "stimulus"
I got this jaw-dropping list of what's really in the so-called "stimulus" bill from the National Taxpayers Union blog, who credited it as follows: "This excellent round-up was provided by Senator Tom Coburn's office." The longer this stuff is exposed to the light of day, the harder it will be for Democrats to support it. If we could peel off even one or two Senate Dems and keep all the Republicans (not an easy task with RINOs like Maine's Snowe and Collins), the bill could implode. I'm not predicting that will happen, but it seems more possible every day. And if it does happen, I'm under no illusion that the idea of a massive Keynsian boondoggle will die. Instead, it will be re-worked and come back slightly smaller but just as stupid and it will then pass, condemning our children to higher taxes and less liberty for the foreseeable future.
Here goes...I hope you have a strong stomach:
Wasteful Spending Provisions
* $2 billion earmark to re-start FutureGen, a near-zero emissions coal power plant in Illinois that the Dept. of Energy defunded last year because the project was inefficient
* A $246 million tax break for Hollywood movie producers to buy motion picture film
* $650 million for the digital television (DTV) converter box coupon program
* $88 million for the Coast Guard to design a new polar icebreaker (arctic ship)
* $448 million for constructing the Dept. of Homeland Security headquarters
* $248 million for furniture at the new Dept. of Homeland Security headquarters
* $600 million to buy hybrid vehicles for federal employees
* $400 million for the CDC to screen and prevent STD's
* $1.4 billion for a rural waste disposal programs
* $125 million for the Washington, D.C. sewer system
* $150 million for Smithsonian museum facilities
* $1 billion for the 2010 Census, which has a projected cost overrun of $3 billion
* $75 million for "smoking cessation activities"
* $200 million for public computer centers at community colleges
* $75 million for salaries of employees at the FBI
* $25 million for tribal alcohol and substance abuse reduction
* $500 million for flood reduction projects on the Mississippi River
* $10 million to inspect canals in urban areas
* $6 billion to turn federal buildings into "green" buildings
* $500 million for state and local fire stations
* $650 million for wildland fire management on Forest Service lands
* $150 million for Smithsonian museum facilities
* $1.2 billion for "youth activities," including youth summer job programs
* $88 million for renovating the headquarters of the Public Health Service
* $412 million for CDC buildings and property
* $500 million for building and repairing NIH facilities in Bethesda, MD
* $160 million for "paid volunteers" at the Corporation for National and Community Service
* $5.5 million for "energy efficiency initiatives" at the VA "National Cemetery Administration"
* $850 million for Amtrak
* $100 million for reducing the hazard of lead-based paint
* $75M to construct a new "security training" facility for State Dept Security officers when they can be trained at existing facilities of other agencies.
* $110 million to the Farm Service Agency to upgrade computer systems
* $200 million in funding for the lease of alternative energy vehicles for use on military installations.
* IDEA, Part B State Grants: Formula grants to assist the States in meeting the excess costs of providing special education and related services to children with disabilities.
* IDEA Infants and Families: Formula grants to the States to assist them in making early intervention services available to children with disabilities aged birth through 2 and their families.
* State Medicaid Bailout: $87.7 billion Through 3 different mechanisms, the bill would provide additional federal funds to state Medicaid programs over the next 3 years. This is nearly $70 billion more than the governors asked President Obama for in December, and should be a loan to be repaid by the states.
Bad Policy
* Eliminates fees on loans from the Small Business Administration, thus pushing private capital toward unproductive businesses and away from productive businesses.
* Increases the definition of "youth" for certain summer job programs from age 21 to age 24.
* $160 million to the Job Corps program at the Dept. of Labor, but not for job programs - rather, to construct, alter or repair buildings.
* Requires a government study on the impact of minimum wage laws on the Northern Mariana Islands and American Samoa.
* $79 billion State Fiscal Stabilization (slush) Fund to bailout the States by providing billions of dollars for "education" costs of any kind.
* $47.843 billion is appropriated for a variety of energy programs that are primarily focused on renewable energy development and energy conservation/efficiency. Not one dollar is appropriated to make fossil fuels more affordable in the near future. More than $6 billion of these funds go to environmental clean ups.
* Increases eligibility for "weatherization" assistance to households 200 percent above the poverty level.
* The "Making Work Pay" credit of $500 to every individual making less than $75,000 (or $1000 to couples making $150,000 or less) would pay people whether they are productive or not - akin to welfare.
* The Supplemental Nutrition Assistance Program (SNAP - food stamps) would temporarily suspend the 3-month limit for non-working adults to receive SNAP benefits, thus giving incentives not to find a job.
* Installs government as the creator of broadband deployment regardless of whether the specific local/regional market can sustain it.
* Funds new "green jobs" job-training program without eliminating inefficient job-training programs or consolidating duplicative job-training programs.
* $890 million to the Social Security Administration without any provisions to reduce improper payments, or any plan to increase solvency of the trust fund.
| Print article | This entry was posted by Rossputin on 02/04/09 at 01:47:51 am . Follow any responses to this post through RSS 2.0. |


02/05/09 @ 01:15:08 am
$650 million for the digital television (DTV) converter box coupon program - I don't think that's wasteful. Research a bit more about it and you'll find that it can not only send TV signals better, but the communication between firemen and such will also be better.
02/05/09 @ 06:50:54 am
Imee, that's ridiculous.
This isn't money for research into new modes of communication.
It's handouts to people so they can buy new TVs because the government is forcing the current analog method of TV broadcasting to shut down.
If firemen and such need to communicate better, I'm sure there's a way to do that for far less money.