The full Stimulus bill got posted up tonight, about 10 hours before it goes to the floor of the House. I started skimming through the massive document to see for myself what we’re going to spend hundreds of billions of dollars on. Down in Title X – Military Construction and Veteran Affairs, Sec. 1002 caught [...]
Tagged with: economy, stimulus
Posted under: Political Stuff
Obama rallies Democrats with tough partisan speech
“We can’t embrace the losing formula that says only tax cuts will work for every problem we face; that ignores critical challenges like our addiction to foreign oil, or the soaring cost of health care, or falling schools and crumbling bridges and roads and levees.”
“They didn’t vote for the [...]
Tagged with: economy, Obama, speech, spending, stimulus
Posted under: Political Stuff
Congressional Budget Office’s Summary of American Recovery and Reinvestment Act of 2009
Text of H.R. 1
The CBO’s summary is more straight forward than the Committe on Appropriation’s summary and omits useless opinions like “America should lead the world in transforming the way automobiles are powered.”
There’s just tons of stuff in this thing. It is truly [...]
Tagged with: government, spending, stimulus
Posted under: Political Stuff
The IRS is actually ahead of schedule and will be sending checks or direct depositing the stimulus money pretty soon. Don’t Mess With Taxes has the full schedule available. It will be interesting to see what people actually do with the money. I don’t expect it to do much even if a significant portion of [...]
Tagged with: rebate, stimulus, taxes
Posted under: Money Stuff