Rep. James Clyburn (D-S.C.) has never been accused of being a fiscal hawk. In fact, he is quite well known for bringing home the bacon. CAGW’s 2010 Congressional Pig Book documented 41 earmarks worth $55 million requested by Rep. Clyburn.
GM’s “Claims” of Repayment
During the economic crisis that unfolded over the last few years, the federal government became the lender of the last resort, not because it had any money, but because it had the ability to borrow money on behalf of the taxpayers to lend to struggling businesses.
Taxpayer Money Flying Out the Door
Even if many Americans don’t think that the stimulus package is working, there is still a desire to ensure that the money is being spent wisely rather than being thrown down a rat hole. But, the news that is trickling out from the states does not look good.
Let the Sun Shine In on How The Government Spends Your Money
The nation just marked the six-month anniversary of the American Recovery and Reinvestment Act (ARRA), or the stimulus law, that Congress passed hurriedly in February. Billions of our hard-earned tax dollars were injected into the ailing economy. In that mad rush, we were told there wasn’t time to work out all the details.
“Cash for Clunkers” Comes to a Screeching Halt
This past June, Congress added $1 billion to the 2009 Supplemental Appropriations Act for the “Consumers Assistance to Recycle and Save Act of 2009”. Though it had no business appearing in an emergency war funds bill, this “Cash for Clunkers” provision established a new one-year program administered through the Department of Transportation’s (DOT) National Highway Traffic Safety Administration (NHTSA) that gave individuals with older, less fuel efficient cars a credit worth up to $4,500 towards the purchase of a new car that met certain fuel efficiency standards.
Update on CAGW’s FOIA Project
On May 12, 2009 Citizens Against Government Waste (CAGW) undertook an ambitious project to find out if members of Congress were trying to influence how the funds from the American Recovery and Reinvestment Act (ARRA), aka economic stimulus bill, were being spent.
CAGW’s FOIA Project
On February 17, 2009 President Obama signed an economic “stimulus” bill, formally known as the American Recovery and Reinvestment Act (ARRA). More than $787 billion is slated to be spent through ARRA to help revive the economy.
Taking Taxpayers for a Ride
Most Americans have a favorite train story. When my parents took my brother, sister and me out West in 1966, we took the overnight train from Denver to Salt Lake City. We were awed by the beautiful scenery from the dome cars, ate well, slept comfortably, and enjoyed every minute of the trip.
Stimulus Bill Raises Questions
As the current version of the stimulus bill awaits a Senate vote and President Obama’s signature, there are still plenty of questions and concerns about whether it will in fact stimulate the economy and create jobs. As House Minority Leader John Boehner (R-Ohio) states on his website, “We need a bill that creates jobs….” One would think that this would be the goal, except it’s not always the case with this stimulus package.
How to Build A Bigger Boondoggle
The media has settled on a politically palatable historical metaphor for the new Obama administration and it is Franklin Delano Roosevelt. Time made it official when it put a photo of Barack Obama as FDR on its cover for its November 24, 2008 issue. And FDR’s storied New Deal policies of the late 1930’s have also become a convenient, albeit simplistic archetype for the so-called stimulus package racing through Congress.