Cold Fury

Harshing your mellow since 9/01

Top 20 Fast Facts About the Democrats’ Trillion Dollar Spending Spree

JUST SAY NO

Republican Leader John Boehner, leading:

1. The $825 billion package slated for a House vote later this week will exceed more than $1.1 trillion when adding in the interest ($300 plus billion) between 2009-2019 to pay for it.

2. The Capitol Hill Democrats’ plan includes funding for contraceptives; regardless of where anyone stands on taxpayer funded contraception, there is no question that it has NOTHING to do with the economy.

3. The legislation could open billions of taxpayer dollars to left-wing groups like the Association of Community Organizations for Reform Now (ACORN), which has been accused of voter fraud, is reportedly under federal investigation; and played a key role in the housing meltdown.

4. Here are just a few of the programs and projects that have been included in the House Democrats’ proposal:

$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, including $21 million for sod.

5. The plan establishes at least 32 new government programs at a cost of over $136 billion. That means more than a third of this plan’s spending provisions are dedicated to creating new government programs.

6. The plan provides spending in at least 150 different federal programs, ranging from Amtrak to the Transportation Security Administration. Is this the “targeted” plan Democratic leaders promised?

7. Even though the legislation contains at least 152 separate spending proposals, the authors of the plan can only say that 34 have any chance at keeping or growing jobs.

8. Just one in seven dollars of an $18.5 billion expenditure on “energy efficiency” and “renewable energy programs” would be spent within the next 18 months.

9. The total cost of this one piece of legislation is almost as much as the annual discretionary budget for the entire federal government.

10. The House Democrats’ bill will cost each and every household $6,700 in additional debt, paid for by our children and grandchildren.

11. The bill provides enough spending – $825 billion – to give every man, woman, and child in America $2,700. $825 billion is enough to give every person in Ohio $72,000.

12. $825 billion is enough to give every person living in poverty in the United States $22,000.

13. Although the House Democrats’ proposal has been billed as a transportation and infrastructure investment package, in actuality only $30 billion of the bill – or three percent – is for road and highway spending. A recent study from the nonpartisan Congressional Budget Office found that only 25 percent of infrastructure dollars can be spent in the first year, making the one year total less than $7 billion.

14. Much of the funding within the House Democrats’ proposal will go to programs that already have large, unexpended balances. For example, the bill provides $1 billion for Community Development Block Grants (CDBG) – a program that already has $16 billion on hand. States also are sitting on some $9 billion in unused highway funds – funds that Congress is prepared to rescind later this year.

15. All board members of the “Accountability and Transparency Board” created by this legislation are appointees of the President; none will be appointed by Congress.

16. A scant 2.7 percent, or $22.3 billion of the overall package, is dedicated to small business tax relief.

17. The Joint Committee on Taxation estimates that the legislation increases by seven million the number of people who get a check back from the IRS that exceeds what they paid in payroll and income taxes.

18. The “Making Work Pay” tax credit at the center of the plan amounts to $1.37 a day, or about the price of a cup of coffee.

19. Almost one-third of the so-called “tax relief” in the House Democrats’ bill is spending in disguise, meaning that true tax relief makes up only 24 percent of the total package – not the 40 percent that President Obama had requested.

20. $825 billion is just the beginning – many Capitol Hill Democrats want to spend even more taxpayer dollars on their “stimulus” plan. In fact, the Chairman of the House Appropriations Committee, Rep. David Obey (D-WI), told Roll Call earlier this month, “I would not be surprised to see us go further on some of these programs down the line.”

Some thoughts:

*If you had a credit card that charged 300 billion in interest, you’d cut it up. This is Government-by-Loanshark.
*Because every nickel we spend these days is borrowed money, every expenditure should be both vital and wise. This bill fails on both counts.
*This isn’t a “Stimulus Plan”–it’s a mish-mash collection of all the left-over liberal wish-list spending that wasn’t good enough to pass on its own before.
*The only thing ACORN deserves from the Feds is a search warrant and a RICO indictment.
*32 new government programs–programs that will never die, shrink or end, even if they are proven failures.
* It would still be bad, but it would be a much better bill if it simply “gave” $3,000 to every man, woman and child in America.
*If we cut tax-rates by a trillion dollars, this economy would explode, unemployment would practically cease and flourishing businesses would be bailing out the government instead of flourishing government bailing out businesses.
*Democrats much prefer the faux-tax cuts of “tax credits” over real rate reductions. If they cut payroll taxes, they might not get them raised again later.

Taxes exist not just to fund government, not just to grow government, not just for the social engineering in the tax code or the ability to dole out favors in it; taxes today (including the hidden taxes of litigation and regulation) exist mainly to impoverish middle-class workers so they’ll feel the need for government programs.

It is the Statist Project, and Republicans were created by God to stand against it.

At least this one was. It’s good to see I’ve got some company again.

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2 thoughts on “Top 20 Fast Facts About the Democrats’ Trillion Dollar Spending Spree

  1. Slopping them demacratic hawgs again and just wait till APRIL 15 when we realy have to sloap them hawgs and fill their golden troughs full of cash while thems hawgs and feeding

  2. This bill is nothing more than the Winning Side bellying up to the trough and stuffing their fat faces with the spoils- our money.

    They are counting on our meek compliance. They’ll serve us this shit sandwich and tell us it’s really pudding. Hope, change, and free shiny things for everyone.

    Look around you, people- this is what the top of the slippery slope looks like.

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