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Old 07-08-2009, 10:54 PM
 
Location: Texas
14,975 posts, read 16,464,090 times
Reputation: 4586

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CNN Political Ticker: All politics, all the time Blog Archive - House Majority Leader open to second stimulus bill « - Blogs from CNN.com

Quote:
WASHINGTON (CNN) – House Majority Leader Steny Hoyer said Tuesday he would consider supporting a second economic stimulus bill, but said people need to give the package that passed in February more time to work.
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Old 07-08-2009, 11:51 PM
 
29,939 posts, read 39,468,904 times
Reputation: 4799
Look at the pretty picture below:

Quote:
The following figure shows the distribution by program of anticipated federal Recovery Act spending in fiscal year 2009 for the nine programs discussed in this report.
http://www.gao.gov/highlights/d09829high.pdf

My questions are: How much time do they want? How long do they want people to go without jobs? UE doesn't last forever...

From the same link:
Quote:
As of June 25, DOT had obligated about $9.2 billion for almost 2,600 highway infrastructure and other eligible projects in the 16 states and the District and had reimbursed about $96.4 million. Across the nation, almost half of the obligations have been for pavement improvement projects because they did not require extensive environmental clearances, were quick to design, obligate and bid on, could employ people quickly, and could be completed within 3 years.
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Old 07-09-2009, 12:02 AM
 
Location: Southcentral Kansas
44,882 posts, read 33,274,487 times
Reputation: 4269
Quote:
Originally Posted by BigJon3475 View Post
Look at the pretty picture below:

http://www.gao.gov/highlights/d09829high.pdf

My questions are: How much time do they want? How long do they want people to go without jobs? UE doesn't last forever...

From the same link:
I'm not smart enough to see the reasons the GAO thinks that we need another stimulus. Is there something in there that says that? Obama sure wants another one, it seems.
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Old 07-09-2009, 12:05 AM
 
29,939 posts, read 39,468,904 times
Reputation: 4799
Krugman was the only one I saw saying another or maybe even more might be needed. I recall a $5 trillion number. I don't see the GAO saying anything about another one at all. They'd probably be happy if the current one was actually doing what it was suppose to.
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Old 07-09-2009, 01:03 AM
 
1,374 posts, read 1,305,473 times
Reputation: 259
Hey most American want this to happen cuz they trust Obama.
Let it happen and what us go up in hell ASAP!
Americans are trustworthy to terrorist...
Obama is single handily destroying the USA slowly!
He has many radicals working this system and loves how
the USA is hurting.
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