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Entries in economic stimulus bill (2)

Tuesday
Aug032010

Stimulus Has The "Summertime Blues"

By Rob Sanna - Talk Radio News Service

Senators John McCain (R-Ariz.) and Tom Coburn (R-Okla.) released a report Tuesday entitled “Summertime Blues,” which lists 100 stimulus bill funded projects that to do not create jobs.

“We have a total now of over 300 projects [and] over $15 billion,” said Coburn. “Could we have used that 15 billion in a way that would have given us a greater economic return, a greater multiplier effect and actually had greater impact on the country? I think so.”

With unemployment rates hovering in the ninth percentile, McCain said he believes that, coupled with sinking GDP levels, unemployment is set to increase throughout the year, digging the country a deeper hole to climb out of.

“The American people have the summertime blues, as unemployment is at 9.5%, over half the homes in my homestate of Arizona are still underwater, and we have seen a decline in the Gross Domestic Product,” he said. “That indicates we are in for a long, difficult year of high unemployment.” 

Tuesday
Feb032009

Mike Pence (R-Ind.): House Republicans are staying in this debate

by Christina Lovato, University of New Mexico-Talk Radio News Service

"Republicans don't believe we can borrow and spend." said Chairman of the Republican Conference, Mike Pence (R-Ind.) in a pen and pad session held today. Pence addressed his feelings and concerns about the economic stimulus bill that was passed last week which had no support from Republicans. Pence said that there is a conflict of visions of how we should stimulate the economy coming from the Democrats and Republicans.

Joining Congressman Pence was Congressman Robert B. Aderholt (R-Ala.) who said that President Obama needs to talk with both Democratic House and Senate leaders because they are not being bipartisan with Republicans on this bill. "Having a fair bite of the apple is completely fair. I would criticize a Republican in the same matter." he said.

Pence said he is concerned about where some of the money is going saying that some things are unnecessary. He pointed out the 200 million dollars for the removal of fish passage barriers and other examples but says that they have Americans asking what that has to do with stimulating the economy. "House Republicans are staying in this debate." he said. Pence went on to say that "Bipartisan starts with listening." Pence stated that the bill was a partisan bill and that the Democrats completely ignored President Obama's hope for compromise and cooperation.

Pence and Aderholt both talked about their trust and admiration for President Obama. They were impressed for President Obama's appearance at a session held last week with House Republicans. Pence said he respected that President Obama was there listening and answering questions. "He is genuine and refreshingly respectful to people who differ with him." said Pence.