'Stimulating' The Wrong Debate: What Is This Debt Plan Really About?
- This Isn't Just About Pork: President Obama, Speaker
Pelosi and Majority Leader Reid want you to believe this debate is
about minor "pet projects" making up less than 1% of the bill and
tax cuts. That is only part of the debate.
- It Is Partly About Pork: Over $11 billion in pork can
easily be identified, like the $2.2 billion towards community
groups like ACORN, plus over $200 billion in state and local money
that will benefit "pet projects" - and that is just for
- It Is Partly About Taxes: Pro-growth tax cuts are the
real way to increase wages, business incomes and the family
checking account, not giving money to people who do not pay taxes
in the first place.
It Is Partly About Doubling the Size of Government: In
the current plan, the Departments of Education and Energy will
double in size and scope.
Government Controlled Health Care
- It Is About a Radical Health Care Agenda: Inside this
massive "stimulus" bill are profoundly controversial and
far-reaching health care provisions that would set the country on a
path toward more fiscal irresponsibility, unfunded entitlement
liabilities and less control by families over their personal health
- It Isn't About Affordable Health Care Choices for the
Unemployed: The bill would only give help to those
unemployed workers that choose the most costly coverage. The House
bill goes further by opening the Medicaid program to these workers.
The same poor performing program that states are asking taxpayers
to bail them out from.
- It Is About Centralizing Health Care Decisions in
Washington: Combining the comparative effective research with
health IT provisions opens the door to direct government
interference in the doctor-patient relationship, undermining
personal control over health care decisions. Just like Britain and
other socialist systems.
Fiscally Irresponsible States
- It Is Robbing Peter to Pay Paul: Calling the state and
local money "stimulus" is a misnomer since hiking federal debt to
keep state taxes low is like running up your Visa card to keep the
MasterCard balance from rising. Either way, you will pay. All that
changes is where you send your payment.
- It Is the Federal ATM: In 2003, states demanded and
received a $30 billion bailout. States went right back to spending,
with budget hikes averaging 7.2% over the next four years. Now they
are back to withdraw more.
- It Is Not Playing by the Rules: The biggest losers from
a federal bailout are taxpayers who live in fiscally responsible
states. They resisted extravagant new spending programs - and will
be rewarded with a soaring federal debt to bail out the states that
went on unaffordable spending sprees.
- It Is 1,000 Bridges to Nowhere: Mayors have pledged to
spend stimulus funds on items such as a polar bear exhibit in Rhode
Island or to curb prostitution in Ohio, but these special projects
are not even disclosed in the bill, so taxpayers have no idea where
their money is really going.
Twice the Jobs at Half the Price
Check out Heritage ideas for how to provide twice the jobs at
half the price at heritage.org.