Showing posts with label Obama's spending does not stop. Show all posts
Showing posts with label Obama's spending does not stop. Show all posts

Saturday, September 10, 2011


$450 BILLION DOLLARS...


That's how much Obama's "new" plan will cost you, the taxpayers

Unveiled Thursday night, the Stimulus II, as it will soon be known, is nothing more than a rehash of the same failed ideas of the first stimulus, and we all know how that bill has left the country. There is nothing new here:
  • $175 billion - An extension of the payroll tax credit from this year with an
    additional cut
  • $70 billion - A payroll tax cut for employers
  • $62 billion - An extension of unemployment benefits for another year
  • $50 billion - More supposed "shovel-ready" infrastructure spending
  • $10 billion - An infrastructure bank (aka government handouts for road
    construction)

For a grand total of $367 billion.