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Originally Posted by slang
Talk radio has been hammering this porkulous bill for a week now. It's the wish list of liberal causes and groups that have been left out for the past 10 years or so IMO.
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Talk radio likes to cherry pick the data to stir up their listeners.
I am not suggesting that the fact you presented is wrong, but simply that it is not representative of the overwhelming majority of provisions of the bill.
The Senate is taking out much of the pork and/or popular projects that arent stimulative...to the tune of $100+ bill less than the House bill.
US News has a good summary:
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The American Recovery and Reinvestment Act provides $888 billion in investments and tax cuts. Of this total, $694 billion will enter the economy by the end of Fiscal year 2010, meaning that 78 percent of the monies allocated will reach the American people by September 30, 2010, providing an immediate boost to the overall economy and creating an estimated four million jobs.
The Act provides for the following critical investments:
* Tax cuts for Working Families - $247 billion
* Job-creating Investments in Infrastructure and Science - $165 billion
* Job-creating Investments in Health - $153 billion
* Job-creating Investments in Education and Training - $138 billion
* Job-creating Investments for an Energy Independent America - $82 billion
* Job-creating Tax Cuts for Small Businesses - $21 billion
* Helping Americans Hit Hard by the Economic Crisis - $72 billion
* Law Enforcement, Oversight, Other Programs - $10 billion
http://www.usnews.com/articles/news/...he-senate.html
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Its worth reading all five pages of the summary to understand the bill a little better than how it is presented on talk radio.
There is still more I would take out but that is what compromise is all about...give and take, with the majority rightfully having the greater voice and ultimately getting more of what they want...along with the greater responsibility if it fails to meet expectations.