Showing posts with label stimulus bill. Show all posts
Showing posts with label stimulus bill. Show all posts

Saturday, February 14, 2009

Open Letter to Congress and the President

Friday, February 13, 2009

Hat tip to Bear to the Right

This is an open letter sent out today by the Heritage Foundation.

An Open Letter to the Congress
and the President of the United States

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For the last 35 years, educators and analysts at The Heritage Foundation have been intimately involved in the nation’s great public policy debates. In all that time, we have never encountered legislation with such far-reaching and revolutionary policy

implications as the American Recovery and Reinvestment Act currently before Congress. And never have we seen a bill more cloaked in secrecy or more withdrawn from open public exposure and honest debate.

In addition to being the single most expensive bill ever proposed, this measure calls for a massive expansion of the federal government’s reach into the day-to-day life of virtually every citizen, business and civic organization in the nation. That, in itself, should be the subject of an extensive public conversation and thoughtful debate. Instead, we have seen Congressional leaders schedule snap votes on a 1,434-page bill that no one-repeat, no one-has had a chance to read in its entirety, much less digest and deliberate.

This bill has been advertised as an economic stimulus bill-despite the fact that the Congressional Budget Office estimates it will actually weaken our nation’s long-term economic growth. While the stimulative utility of the bill is, at best, questionable, it would unquestionably rewrite the social contract between the American people and their government. For example:

* The bill reverses the bipartisan and highly successful welfare reforms of 1996 and drastically expands the welfare state. For instance, it will start rewarding states for adding people to their welfare rolls, rather than for helping them find gainful employment. And contrary to long-established practice, it will entitle able-bodied adults without children to receive cash assistance.

* It does extreme violence to the concept of federalism-bailing out states that have spent irresponsibly at the expense of taxpayers in states that have been fiscally prudent.

* It greatly shifts the responsibility and power over health care delivery and decision making from individuals to government. Among other things, it would create a new federal health board to decide which medical services are “effective” in America, paving the way for government effectively to overrule the clinical decisions of private physicians.

* It deliberately censors religious speech and worship on school campuses by prohibiting use of any “stimulus” funds for facilities that are used for sectarian instruction, religious worship, or a school of divinity.

The list goes on. These and similar provisions will mean fundamental changes in our society. In many instances, the bill would establish policies that directly challenge widely held American values.

We are appalled that Congress is even contemplating such profound changes with so little openness and due diligence. In the past, major policy changes in our welfare system, or health care, or trade policies, etc., were always, quite properly, preceded by extensive public conversation and full debate. That is how a democracy should make important decisions.

The failure of Congress and the Administration to allow that debate is damaging to our democracy. Both chambers of Congress suspended their budget rules to push it along. And both the President and the leaders of the House and Senate have violated their solemn promises that the bill would be available for several days of public review prior to voting, so that the American people might have a chance to learn what is in the bill and to make their views known to their elected officials.

This reckless approach to governance can only undermine public faith in our elected officials and our government as a whole. We call on Congress and the Administration to live up to their promises and stated ideals, and give the democratic process a chance to work.

Sincerely,

Ed Feulner Signature

Edwin J. Feulner, Ph.D.
President
The Heritage Foundation

Congress Passes $787B Stimulus Bill, Sending It to Obama for Signature

Congress Passes $787B Stimulus Bill, Sending It to Obama for Signature

The House approved Obama's economic stimulus bill - a massive, $787 billion package of tax cuts and federal spending - and the Senate started the vote late Friday afternoon and is expected to be held open for several hours.

FOXNews.com

Friday, February 13, 2009

WASHINGTON -- Congress passed the final version of a $787 billion economic stimulus plan aimed at jolting the slumping U.S. economy, sending the legislation to President Obama's desk for his signature.

The bill passed the Senate late Friday night after Democratic leadership held the vote open for several hours to allow one member, Democratic Sen. Sherrod Brown, to return to Washington to cast the deciding vote. He had flown back from Ohio, where his mother died earlier in the week.

The bill passed in the Senate with 60 votes. The House approved the measure earlier in the day by a vote of 246-183, with no Republican "yes" votes and one member voting present.

House Republicans remained united in their opposition to the package despite concerns among GOP leaders Thursday that at least a handful of Republicans would vote for it. Democrats picked up three of the 11 members who jumped ship to side with Republicans on the previous vote two weeks ago.

Obama, addressing a White House group, noted that lawmakers had a "spirited debate" and said the legislation is "only the beginning" of what he considers necessary "to turn our economy around." The president did not get all he wanted out of the bill.

The 1,071 page measure -- eight inches thick -- was posted on an overburdened congressional Web site late Thursday, giving lawmakers just a few overnight hours to read it before debate resumed in both the House and Senate Friday morning. Just on Tuesday, the House voted unanimously to recommend that lawmakers and the public have at least 48 hours to read the legislation before a vote.

The plan, freshly estimated at $787 billion by the Congressional Budget Office, combines $281 billion in tax cuts with $308 billion in outlays funded by the appropriations committees and about $198 billion in spending for benefit programs such as unemployment assistance, $250 payments or millions of people receiving Social Security benefits, and extra money for states to help with the Medicaid health program for the poor and disabled.

Obama's "Making Work Pay" tax cut would be scaled back from $500 for most workers to $400, with couples getting $800 instead of $1,000.

Obama said Friday that "passing this bill is a critical step." He plans to announce a new housing initiative soon, perhaps as early as next week.

"We have a once in a generation chance to act boldly, turn adversity into opportunity, and use this crisis as a chance to transform our economy for the 21st century," the president said.

Click here for our video coverage about the Stimulus Package.

The plan is the signature initiative of the fledgling Obama administration, which is betting that combining tax cuts of just a few dollars a week for most workers with an infusion of hundreds of billions of dollars of government spending over the next few years will arrest the economy's fall.

But the inclusion of a $70 billion tax break to make sure middle- to upper-income taxpayers won't get hit by the alternative minimum tax forced a reduction of Obama's signature tax break for 95 percent of workers.

Republicans pointed out a bevy of questionable spending items that made the final cut in House-Senate negotiations, including money to replace computers at federal agencies, inspect canals, and issue coupons for convertor boxes to help people watch TV when the changeover to digital signals occurs this summer.

"This measure is not bipartisan. It contains much that is not stimulative," said Sen. John McCain, R-Ariz., Obama's rival for the White House. "And is nothing short -- nothing short -- of generational theft" since it burdens future generations with so much debt, he added.

Obama economics adviser Larry Summers cautioned against raising expectations too high.

"I think this is a key part of what's going to be a multipart strategy to contain this decline," he said. But Summers added that the problems "weren't made in a week, a month, a year. It's going to take time to fix." He said it should not be considered a "silver bullet," or panacea for deeply rooted business woes.

Much of the spending won't be delivered this year or even next, and Republicans pointed to studies by the Congressional Budget Office that say that adding so much to the national debt would cost the economy by the end of the decade.

Republicans, lined up to vote against the bill, piled on the scorn.

"This is not the smart approach," said Sen. Mitch McConnell of Kentucky, the Republican leader. "The taxpayers of today and tomorrow will be left to clean up the mess."

It was clear that the measure was the result of old-fashioned sausage-making. Pet provisions were coming to light that had not been included in the original bills that passed the House or Senate -- or that differed markedly from earlier versions. Some appeared to brush up against claims of the bill's supporters that no pet projects known as "earmarks" were included.

FOX News' Chad Pergram and The Associated Press contributed to this report.