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Showing Tag: "economy bailout" (Show all posts)

$410B Earmarks Filled Bill Signed

Posted by Cartoosh on Saturday, March 21, 2009, In : Economy 
Obama signed bill full of earmarks
3/11/2009

President Obama signed the $410 billion bill Wednesday morning to keep most of the government operations running until September 30. Banking on Obama's willingness to sign the bill, both Republican and Democratic lawmakers jammed the bill with about 8,500 earmarks worth of $8 billion. At $410 billion, the bill represents an 8 percent increase over last year's spending levels, more than double the rate of inflation. Given the fact that the U.S. national deficit has been making its re...


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Give Me Your Unwanted Stimulus Money

Posted by Cartoosh on Saturday, March 21, 2009, In : Economy 
1/22/2009 Some GOP governors appear to have difficult time in deciding whether to accept any money from the $787 billion economy stimulus package provided by the federal government. Some even are doing their calculus in determining which portion of the stimulus aid would be accepted and which portion not. Their reasons: The stimulus package is a waste of the taxpayers' money and is not going to help much of the economy or create enough jobs. Well... California Gov. Arnold Schwarzenegger is ...
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