rssJon Kyl: Cancel the Stimulus
Wednesday, July 08, 2009 at 1:02 pm
- 5 Comments
In a little-noticed column, Jon Kyl (R-Ariz.), the Senate minority whip, comes out for scrapping the stimulus money that has not yet been spent. All $677 billion of it.
It’s not a surprise that a recent Rasmussen poll found that 45 percent of Americans want to cancel the rest of the stimulus spending. I agree.
Most economists expect the impact of the stimulus to come over the rest of this year, but Republican pronouncements of its failure have been coming for months.
UPDATE: This also appeared at Kyl’s web site.
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5 Comments
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Comment posted July 8, 2009 @ 6:12 pm
Good grief, it's hardly started to go into effect. Obama barely had time to put down the pen that he used to sign the bill before Republicans were pronouncing its failure. Given the Republicans' economic record, I'm surprised they have the nerve to say anything.
Comment posted July 9, 2009 @ 2:37 am
Kyl has a point. Isn't the point of a stimulus bill to immediately stimulate the economy? Seems pointless to spend all that money months, or even, years from now. And now Biden is talking about passing another “stimulus” bill?!?
Comment posted July 23, 2009 @ 7:53 am
Read stimulus bill is not 4 the average day joe.. It's paying to 50 states so government can control the states bigger federal control (power grab) federal power take over. US Federal government want to take my right aways 1. My health care 2. What vehicle I drive General Motors A.K.A. FEDERAL US MOTOR COMPANY Since China owns U.S.A. RED China Motor Company. 3. Get private student loans soon Fed want my children to join goverment insitution to pay back student loans. Did Hilter do the same thing? Think about it.. join government they will that care of u.. 4.CAP and Trade if company goes of carbon they are fined or taxed and government cashs in on the trade.AL GORE & G.E. LOVES THIS Read out it. I'M a Independent VOTER IT TIME WE all vote the people out Dems and GOP voted 4 this crap. Obama im old man and so far u r the worst President we have ever had GO BACK TO ACORN.
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