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It’s hard work dreaming up ways to shovel money out the door.
So hard — or perhaps increasingly embarrassing thanks to a sustained drumbeat of criticism from conservatives — that Democratic Congressional leaders are beginning to say out loud that the lid should be slammed down on additions to the Generational Theft Act of 2009.
The Hill has House Majority Leader Steny Hoyer (D-MD) on record saying as much.
The trouble is that all the little piggies in the Senate haven’t had their turn at the trough:
One of the first amendments under consideration is a proposal from Democratic Sens. Patty Murray (Wash.) and Dianne Feinstein (Calif.) to add $13 billion in highway funding and $5 billion in transit funding.
A huge drawback to highway and other transit funding is the glacial speed of expending the funds. The expenditures might make sense on their merits but that hasn’t been debated or decided. What is unchallenged is that such funds won’t be stimulating the economy any time soon, which is the sole reason for the so-called stimulus bill.
If Democrats in Congress were serious about kicking the economy back into gear, they’d cut taxes. That would take effect immediately, and with beneficial results.
Tags: dinne feinstein, economic crisis, patty murray, Politics, steny hoyer
