Posts Tagged ‘American Recovery and Reinvestment Act of 2009’
House of Representatives Schedule for the Week of November 12th 2012
House of Representatives Schedule for the Week of November 12th 2012 MONDAY, NOVEMBER 12TH On Monday, the House is not in session. TUESDAY, NOVEMBER 13TH On Tuesday, the House will meet at 2:00 p.m. for legislative business. Votes will be postponed until 6:30 p.m. Legislation Considered Under Suspension of the Rules: 1) H.R. 6190 - Asthma Inhalers Relief Act of 2012 (Sponsored by Rep. Michael Burgess / Energy and Commerce Committee) 2) H.R. 6371 - Streamlining Claims Processing for Federal Contractor Employees Act (Sponsored by Rep. Tim Walberg / Education and Workforce Committee) 3) S. 1956 - European Union Emissions Trading Scheme Prohibition Act of 2011 (Sponsored by Sen. John Thune / Transportation and Infrastructure Committee) 4) H.R. 6586 - To extend the application [...]
Pundit: Then-and-Now Numbers Reveal Obama’s Weaknesses
As President Barack Obama nears the end of his first term, many are wondering what has changed since he took office. Others wonder, “What is he thinking?” Media Credit: DoubleTake-Media.com Within his first 100 days in the White House, Obama made his most expensive legislative move: the $787 billion American Recovery and Reinvestment Act of 2009 – the stimulus package. The stimulus money was meant to turn the tide of the recession by stopping job losses, creating new employment and generally investing in the country’s infrastructure, including “green” energy. Obama promised it “includes help for those hardest hit by our economic crisis,” and “as a whole, this plan will help poor and working Americans.” That was a lie, says Stephen Goldberg, author [...]
16 Trillion – Obama forgets his first two years in State of the Union address
ViaDPGI If you came away from President Obamas State of the Union address thinking nothing worth mentioning happened during his first two years in office, then you got precisely the message he intended…. Those years got short shrift in Tuesday evening’s address. Why no mention of Obama’s signature economic legislation, the $814 billion American Recovery and Reinvestment Act, aka the stimulus bill? His biggest domestic accomplishment, the $1.2 trillion Obamacare plan was noted, but only twice and almost in passing. There is a good reason why Obama said virtually nothing about his two biggest domestic policy accomplishments — they’re both failures. Instead of keeping unemployment below 8 percent, as he promised, unemployment rose above 10 percent shortly after his [...]
Big Obama donor cashed in on stimulus Green Energy, Sold Biofuel back to the Government for $25.00 a gallon
Anyone notice the left harping that even though Newt Gingrich did not meet the legal definition of a lobbyist, he really was influence peddling in DC, but the same media types have not connected the dots to Obama Bundlers Lobbying the White House for Stimulus Money. One even wrote part of the Stimulus bill. But that isn't lobbying... not really. That's because, if you remember correctly, Obama stayed out of the stimulus bill process. Seems His bundler got millions and sold bio fuel back to the government for 25 dollars a gallon. But Obama doesn't do that Washington thing.... He does it Chicago style. Anyone remember Nancy Pelosi's "Most ethical Congress in History"? Seems to us that the Obama Administration used the Speaker to do his dirty work on the Stimulus to keep his [...]
Democrat Delusion discussed: Pelosi Without Obama's Stimulus, Unemployment Would Now Be 15%
(CNSNews.com) – Since President Barack Obama signed his $825 billion economic stimulus plan into law in February 2009, the national unemployment rate has risen from 8.2 percent to 9.1 percent. But House Minority Leader Nancy Pelosi (D.-Calif.) said at her press briefing Thursday that if the stimulus had not been enacted the unemployment rate would now be 15 percent. At a press briefing only a month ago, Pelosi said that if the stimulus not been enacted unemployment would have reached 14.5 percent by the time of the November 2010 elections. "I think it’s really important to know that President Obama was a job creator from day one," Pelosi said at her Thursday briefing. "Now, was the ditch that we were in so deep that when you’re talking to people and they [...]
Tough Month for “Green” Stimulus
Remember how the stimulus was pitched? In order to defibrillate job creation, the American Recovery and Reinvestment Act (ARRA) was supposed to inject almost $1 trillion of taxpayer money into the economy, in a manner that was “timely, targeted, and temporary.” About a tenth of ARRA funds were given to creating so-called “green jobs,” and a spate of recent news stories suggest that these “clean energy” stimulus dollars have been a massive failure. Instead of “timely, targeted, and temporary,” these environmentalist earmarks are better described as “late, loose, and lasting.” Consider: Last year, Seattle was awarded $20 million in stimulus funds to weatherize buildings. Seattle Mayor Mike McGinn promised that the money would improve energy efficiency in 200 buildings [...]
Obama’s Top 10 Spending Dodges
1. OBAMA SAID HE WOULD CUT THE DEFICIT IN HALF BUT IT WILL END UP DOUBLE WHAT HE AIMED FOR What Obama Said … February 2009: “President Barack Obama Plans To Cut The U.S. Budget Deficit To $533 Billion By The End Of His First Term …” (Hans Nichols, “Obama Plans To Reduce Budget Deficit To $533 Billion By 2013,” Bloomberg, 2/21/09) The President Believed That A Failure To Control The Deficit Would “Make It Harder For The Economy To Grow.” “Obama wants to reduce the deficit because he’s concerned that over time, federal borrowing will make it harder for the U.S. economy to grow and create jobs, said the official, speaking on the condition of anonymity.” (Hans Nichols, “Obama Plans To Reduce Budget Deficit To $533 Billion By 2013,” Bloomberg, 2/21/09) What [...]
Obama admits that Stimulus was a Joke: ‘Shovel-Ready Was Not as Shovel-Ready as We Expected’
Yeah Real Funny Obama, How about another round of Golf? President Obama's Council on Jobs and Competitiveness met today in Durham, NC at Cree Inc., a company that manufactures energy-efficient LED lighting. One of the Council's recommendations to President Obama was to streamline the federal permit process for construction and infrastructure projects. It was explained to Obama that the permitting process can delay projects for "months to years ... and in many cases even cause projects to be abandoned ... I'm sure that when you implemented the Recovery Act your staff briefed you on many of these challenges." At this point, Obama smiled and interjected, "Shovel-ready was not as ... uh .. shovel-ready as we expected." The Council, led by GE's Jeffrey Immelt, erupted in [...]
GAO: Billions in stimulus contracts went to tax delinquents
Didn't Joe Biden say things like this would not happen "on my watch"? A Senate panel on Tuesday will examine how more than $24 billion in stimulus funds went to contractors or organizations that owe the federal government millions in back taxes. A new report issued by the Government Accountability Office (GAO) found 3,700 contractors and grantees that received stimulus funds owed a combined $757 million in back taxes. “That such a huge amount of the stimulus money went to known tax cheats should be a wakeup call for Congress,” said Sen. Tom Coburn (R-Okla.), one of the five lawmakers who requested the report. Coburn and Sen. Carl Levin (D-Mich.) are scheduled to hold a Senate Permanent Subcommittee on Investigations hearing on the matter Tuesday afternoon. Coburn and [...]
