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- Privacy Policy - |
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Concerns with H.R. 1
Piling on the debt
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The 2009 debt is already scheduled to reach a record high of $1.2 trillion. Add on to that a staggering $1.1 trillion stimulus package and the United States debt limit will reach a $12 trillion, a level which has never before been seen in our history.
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This stimulus package is the equivalent of adding $9,400 in debt to each household in America.
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The nonpartisan Congressional Budget Office determined that the dramatic increase in debt will shrink our economy over the next ten years.
Questionable Spending Initiatives
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$2 billion for ACORN, an organization that has been linked to numerous allegations of voter fraud
$8 billion in bonuses to states that increase welfare roles over the next two years
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$45 million for fish passage barriers
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$8 billion for a magnetic-levitation railway to Las Vegas
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$5.5 billion to retrofit federal buildings including $450 million to design and furnish the DHS headquarters
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$25 million to re-decorate the Smithsonian Institution facilities
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Removes E-Verify provisions that require any company receiving a contract paid for with funding from the bill to verify the legal status of new employees to ensure taxpayer money is not used to hire illegal workers.
New job creation?
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Small Business tax relief accounts for 1/3 of 1 percent of the total amount of tax relief in this bill
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Spends approximately $223,000 per job created
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For every one dollar that goes to small business tax relief, 6 dollars would be used for new government programs
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Creates 31 new government programs totaling $97 billion and expands 73 government programs by $92 billion
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Adds 267,000 fewer jobs than the Stimulus Working Group alternative which I co-authored
Unfair allocation of funding
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Although California represents 12 percent of the population in the United States, only 6 percent of the funding in the bill would be sent back to the state.
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In spite of promises that spending would be allocated for needed infrastructure projects, the bill spends only 5 percent on these initiatives.
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