Neither is the Idahoan delegation happy with the President’s “American Recovery and Reinvestment Act”.
Senator Mike Crapo, R-Idaho, said he cannot support this level of spending. Senator James Risch, R-Idaho stated, “This is not an economic stimulus package. It’s a 40-year package of Democratic programs they haven’t been able to get through.”
The front page of today’s Post Register relates (I give you only the bad parts):
“Some parts of the bill have come under attack from interest groups such as Taxpayers for Common Sense and congressional Republicans: $6.2 billion for home weatherization, $100 million to teach children about green construction, $50 million for the National Endowment for the Arts, insurance exemption for companies that work on recreational boats longer than 65 feet, and requirement for the Transportation Security Administration to buy 100,000 uniforms from U.S. apparel makers.”
“How will this impact the federal deficit? If a stimulus package is signed into law this month, the Congressional Budget Office estimates it would increase the federal deficit by: $233 billion over the remaining months of fiscal year 2009, $461 billion in fiscal year 2010, $142 billion in fiscal year 2011, and $884 billion over the 2009-19 period.”
That is a lot of money.