Well not really, they just repeat some talking points without giving numbers. (via Dean Baker) Stimulus plan should focus on private-sector jobs, not increased social spending Also, the $300 billion targeted for social programs, many of them Democratic favorites, would not generate much immediate economic activity. Improving teacher quality, providing additional cash for Head Start […]
Well the gloves came off this morning. What GOP Leaders deem wasteful in Senate stimulus bill STORY HIGHLIGHTSHouse Republicans unveil list of “wasteful” Senate stimulus spendingStimulus bill passed in the House without any Republican supportOne provision: A $246 million tax break for Hollywood movie producersAnother concern: $75 million for salaries of employees at the FBI […]
Well the true colors are beginning to show. Navarrette is a San Diego columnist whose work appears on CNN.com. His stimulus piece is called Ridiculous Items in Stimulus Plan Out of the whole plan which items stood out for our man Ruben? I’d settle for removing more of the ridiculous items that House Democrats slipped […]
by Bruce Webb Disappointing from the point of view of participation, yet not unexpected. Because I just don’t think they have the numbers on their side. On Friday I invited AB readers, and particularly those critical of HR.1 aka the House Stimulus Bill, to dig into the numbers and develop lists of spending items that […]
These tables from CBO show the actual breakout by category of both spending and tax cuts in HR.1 the House version of the Stimulus Bill as introduced (some things were stripped out for passage). I’d like to invite everyone to compile their own list of what they consider to be pork or mistimed (i.e. too […]
by Bruce Webbreader Buffpilot in comments insists the answer is clearly yes on the grounds The Dems, have NEVER, shown fiscal responsibility when in charge of the purse strings (or at least since before LBJ). So you have zero track record to back you up on thinking that the Dems will suddenly cut back government […]
by Bruce Webb Movie Guy further requested some discussion on CBO Director Elmendorf’s testimony to Congress from yesterday. The whole text is here Elmendorf testifies before House Budget Comm I didn’t have time to thouroughly review the whole thing but these tables were interesting enough to put up for comment.
by Bruce WebbReader Movie Guy suggests that the following letter and table merit some discussion. It seems to speak for itself but the whole thing is short enough simply to post (I deleted some returns and added some commas to save space, the original PDF is here CBO Letter to Rep. Ryan). Please add any […]
(UPDATE: For some reason the detailed outlay tables vanished from the PDF linked to here. Leading some to put on their tin foil hats. Fear not, I have uploaded them and they appear under the fold). (UPDATE 2: Larger images at CBO Tables)Via Prof. K. It turns out the ‘suppressed’ CBO ‘Report’ turned out to […]
by Bruce Webb(IMPORTANT UPDATE: REAL CBO REPORT RELEASED h/t Prof. KCONGRESSIONAL BUDGET OFFICE COST ESTIMATE January 26, 2009 H.R. 1 American Recovery and Reinvestment Act of 2009 (oops link fixed) Reader m.jed points us to this PDF ESTIMATED COST OF AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009 AS PROVIDED ON THE APPROPRIATION COMMITTEE WEBSITE ON […]