ProPublica has some great coverage of the stimulus debate. Today they have posted a detailed list of spending contained in the compromised version of the bill. Here are some of my thoughts, what I like and don't like.
Con's
--Accountability Section-- $323,500,000
That's a lot of money and it seems entirely vague. I understand it's going for accountability but does it really take 300 million to keep track of this stuff?
--Aids to States Section-- $58,355,000,000
Lot of money, but much needed money. What I don't like in this section is the $10 million for justice department salaries. I'd probably lose the argument, though, from a justice department employee who hasn't had a pay raise in 3 years.
--Other Section-- $80 million for "Salaries and expenses for the management of the Department of Labor?" No need for that.
Pro's
Highway infrastructure investment $26,725,000,000
High speed rail capital assistance $8,000,000,000
Distance learning, telemedicine and broadband program $2,500,000,000
National Telecommunications and Information Administration - broadband technology opportunities program $4,690,000,000
I'll have more updates to this later. I want to get some time to read through the tax cut portion of the bill. My initial thoughts are they could have added slightly more tax cuts but let me read it and see.
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