The Democrats' Debt Plan
Missouri Congressman Roy Blunt explains why he voted against the Obama "stimulus" bill:
"Just 7% of the trillion dollars in this legislation is slated for immediate use and the rest funds everything from buying bureaucrats cars to refurbishing federal buildings," Blunt says. "That's certainly not a package that will help our economy recover any time soon, but it is a package that our children and grandchildren will be repaying for generations to come."
The Democrats' plan will cost every American more than $2,700, Blunt says in a statement.
"The size of the package passed by the House is staggering compared to past stimulus plans," Blunt says. "When President Franklin Roosevelt was facing 25 percent unemployment during the Great Depression, his entire 'New Deal' proposal would cost just half of the current trillion dollar package after being adjusted for inflation."
Read Blunt's full statement at the link below:
Blunt Votes Against Democrats' Debt Plan
Labels: Barack Obama, Congress, Debt, Democrats, Economy
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