Just Foreign Policy Iraqi Death Estimator    

Wednesday, February 17, 2010

GOP Recovery Act Hypocrits




Today marks the one year anniversary of President Obama signing into law the American Recovery and Reinvestment Act, better known as the stimulus. As the economy continued to crater after President Bush left office, Obama’s stimulus sought to provide tax cuts for 95% of working Americans, funds to buoy cash-strapped state governments, new construction and infrastructure projects, and other programs to create jobs, retrain workers, and promote economic activity throughout the country. In December, the Congressional Budget Office reported that the stimulus had successfully created up to 1.6 million jobs, and today, a report shows the Recovery Act will ultimately create 2.5 million jobs. Even the conservative American Enterprise Institute found that the stimulus had boosted the U.S. economy by 4 percent.
House Republican leaders have fought to maintain partisan unity in their effort to kill the stimulus. And they were largely successful. Every single Republican in the House and every single Republican in the Senate — with the exception of Sens. Olympia Snowe (R-ME), Susan Collins (R-ME), and then-Republican Sen. Arlen Specter — voted against the Recovery Act. By drawing a sharp distinction between Obama and the GOP, Republican leaders gambled on casting the stimulus as a failure in order to win elections in 2010. In a coordinated effort, Republicans have used every opportunity to attack the stimulus for allegedly failing to create “a single job.”
Last month, President Obama admonished Republicans for going to “ribbon cuttings for the same projects that you voted against.” It’s true: Last year, Sen. Kit Bond (R-MO) appeared at a ribbon cutting event for GetAbout Columbia’s MKT Plaza, a pedestrian walking and recreation area funded by the stimulus. (See picture at top right.)
ThinkProgress has investigated opponents of the Recovery Act, reporting throughout the year that many of the lawmakers who tried to kill the legislation have been returning to their home states to claim credit for popular stimulus programs. In a new research report, ThinkProgress finds that over half of the GOP caucus, 110 lawmakers — from the House and Senate — are guilty of stimulus hypocrisy.
Among some of the key findings:

0 Comments:

Post a Comment

<< Home

free hit counter