The Council for Citizens Against Government Waste (CCAGW) earlier this month urged lawmakers to oppose the fundamentally flawed economic stimulus bill that was signed into law by President Obama on February 17. President Obama came into office promising an unprecedented initiative to jump-start the flagging economy by providing a taxpayer-funded economic stimulus that would be timely, targeted, temporary, and transformative. The President also forcefully promised that the final bill would contain ideas from both parties and would be accountable and transparent to taxpayers from its inception all the way down to the granular spending level. Instead, House and Senate leaders orchestrated a hysteria-driven, hyper-partisan spending circus designed to permanently grow federal spending and resulting in debt liabilities that will rob future generations of income and prosperity. “There were other, more rational alternatives that offered meaningful tax relief to American families, tax and regulatory relief to American businesses, and that would have created a systematic and thoughtful process for allocating spending for infrastructure projects to create jobs…Instead, the Democratic majority saw an opening and used the crisis to increase funding for self-serving, dubious projects and programs, as well as to make far-reaching public policy changes without meaningful and open debate," declared CCAGW President Tom Schatz.
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