Sunday, February 8, 2009

More Info on How Your Money Will Be Spent

Just a few more tidbits from the stimulus bill that the Senate is considering (again, some of these may be worthwhile but aren't going to "stimulate" the economy or create jobs):

$50 Million National Endowment for the Arts
$15 Billion for Pell Grant college scholarships
$4.2 Billion for "neighborhood stabilization activities"
$90 Million to education "vulnerable populations" about Digital TV
$816 Million for renovations to gov't facilities such as the Smithsonian
$1 Billion for Census Bureau
$7.6 Billion for "rural community advancement programs"

Remember, to pay for these things the goverment either raises taxes now or issues debt which will be repaid (with interest) by taxes in the future.

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