voted against this bill because there's no way of funding it without increasing the national debt? Need I remind you when the Feds talk about funding a bill the funding comes from us...the taxpayers. Unless you've been under a rock, the Federal Government is broke...not just slightly overdrawn in their checking account, but broke! Our national debt, under the current administration, has now surpassed the entire national debt combined between George Washington's administration through Ronald Reagan's administration. And what do we have to show for it?
Here's a fine example of what the stimulus program did:
The Los Angeles City Controller said on Thursday the city's use of its share of the $800 billion federal stimulus fund has been disappointing.
The city received $111 million in stimulus under American Recovery and Reinvestment Act (ARRA) approved by the Congress more than year ago.
According to the report, the Los Angeles Department of Public Works generated only 45.46 jobs (the fraction of a job created or retained correlates to the number of actual hours works) after receiving $70.65 million, while the target was 238 jobs.
Similarly, the city’s department of transportation, armed with a $40.8 million fund, created only 9 jobs in place of an expected 26 jobs.
So much for jobs "saved or created".
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