Posts tagged 'stimulus plan'

March 16, 2009
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Wasteful Spending on Stimulus Projects?

If you thought that four years late and $350 million over budget for the largely unneeded U.S. Capitol Visitor Center was bad, wait till you see what the projects flowing from the recent $787 billion stimulus package will cost. The 1931 David-Bacon Act (which obviously did nothing to shorten or alleviate the Great Depression) provides that contractors for government construction projects pay a...
February 13, 2009
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Stimulus Plan: $798B, But Just 18.5 Percent* for Jobs

I just went through the list of items covered in the final version of the stimulus plan (so called) and added up all the sums that were targeted at projects that could actually lead to jobs. I came up with $146.2 billion, which figures out to be 18.5 percent of the whole pie. The rest goes to what could be called the welfare state. The implication here is pretty obvious: The Democrats decided ...
February 10, 2009
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Tom Daschle Lives On in the Stimulus Package

Those who were fretting that the extinction of Tom Daschle as potential secretary of Health and Human Services might delay health care reform needn't worry. The inclusion of several stealth provisions in the stimulus package now sailing through Congress will implement, mostly unnoticed, provisions from Daschle's government-heavy idea of reform in his book, Critical: What We Can Do About the He...
January 22, 2009
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Health IT Funds Included in Stimulus Package

The latest version of the economic stimulus legislation includes 187 pages called the Health IT for Economic and Clinical Health Act, or HITECH, with $20 billion in funding to implement a nationwide system of electronic health records (EHRs). This is something that President Obama spoke of frequently during his campaign, and now it appears to be coming into fruition. The Congressional Budget ...