Here’s what she says…
https://www.c-span.org/video/?c4647187/nancy-pelosi-infrastructure
But here’s what she means…
How Obama spent $792B on “infrastructure”…
$36.9 billion for Aid to People Affected by Economic Downturn (Recovery Act)- Purpose: For food stamps, rural housing assistance, child care aid for low-income families, and farm loans
$48.4 billion for Education (Recovery Act)- Purpose: For job training grants, aid for schools, Pell Grants, and education administration costs
$324 million for Accountability (Recovery Act)- Purpose: Accountability funds were funneled into various government departments to oversee the disbursement of stimulus aid and for general division operations
$58.4 billion for Aid to State and Local Governments (Recovery Act)- Purpose: To fund various legal, crime prevention, community outreach, economic development, and disaster assistance programs
$41.4 billion for Energy (Recovery Act)- Purpose: To support weatherization procedures, green energy ventures, and modernization of existing utilities systems
$13.1 billion for Science and Technology (Recovery Act)- Purpose: To fund R&D on the national level, support security and facilities upgrades in the innovation space, and aid education measures to improve research functions
$18.8 billion for Health Care (Recovery Act)- Purpose: For the provision of health care and rehabilitation services to disadvantaged sectors of society, and for health care research funding
$870 million for Business (Recovery Act)- Purpose: Primarily to support small business ventures
*$98.3 billion for Transportation and Infrastructure (Recovery Act)- Purpose: Perhaps the most diverse of the Recovery Act measures, transportation and infrastructure measures encompassed the construction of highways and other mass transit options, national park service upgrades, tax breaks on housing, etc.
$2.1 billion for Miscellaneous Recovery Act Programs- Purpose: A smattering of stimulus measures - everything from Americorps to Census funding
$3 billion for Cash for Clunkers- Purpose: To give folks cash for their "clunkers" (cars beyond a reasonable degree of use) in order to circulate money into the hands of consumers and ultimately stimulate some spending while giving a boost to the automobile industry
*$48.3 billion for Infrastructure (Jobs for Main Street Act)- Purpose: To poach previously allocated TARP funding and funnel the money into creating jobs in targeted sectors of the US economy. The infrastructure arm will improve mass transit, schools, public housing, and clean water initiatives while adding jobs in these fields.
$26.7 billion for Public Service Jobs (Jobs for Main Street Act)- Purpose: To create and maintain jobs in the public sector
$79 billion for Emergency Relief for Families (Jobs for Main Street Act)- Purpose: Primarily for unemployment benefits, child care, and small business support
$34 billion for the Extension of Unemployment Benefits- Purpose: Primarily for unemployment benefits, child care, and small business support- Purpose: To extend funding for a variety of unemployment programs already in existence, although the bill famously does not grant additional aid to workers who have been employed over the 99-week federal limit
$30 billion for Small Businesses in Obama's Second Round of Stimulus Spending- Purpose: To provide tax relief to small businesses burdened with the cost of starting up in an uncertain economic environment and ultimately to incentivize these businesses to innovate, expand, and provide jobs for the unemployed
*$50 billion for Infrastructure Spending- Purpose: For the construction and upkeep of roads, railways, and runways
So $196.6B of the $792B, or 24.82%, actually got to programs intended to improve infrastructure. In the meantime, how are those roads and bridges upon which you travel? It is symptomatic of Democrats. You give them a dollar, they spend $2 on whatever they want, turn back around to you, foaming at the mouth, and ask for $2 more. It’s like a thing with them. Unrestrained spending to help the poor with no tangible, lasting results.
Source: https://www.businessinsider.com/obamas-stimulus-spending-2010-9
I thank you and have a blessed evening!
https://www.c-span.org/video/?c4647187/nancy-pelosi-infrastructure
But here’s what she means…
How Obama spent $792B on “infrastructure”…
$36.9 billion for Aid to People Affected by Economic Downturn (Recovery Act)- Purpose: For food stamps, rural housing assistance, child care aid for low-income families, and farm loans
$48.4 billion for Education (Recovery Act)- Purpose: For job training grants, aid for schools, Pell Grants, and education administration costs
$324 million for Accountability (Recovery Act)- Purpose: Accountability funds were funneled into various government departments to oversee the disbursement of stimulus aid and for general division operations
$58.4 billion for Aid to State and Local Governments (Recovery Act)- Purpose: To fund various legal, crime prevention, community outreach, economic development, and disaster assistance programs
$41.4 billion for Energy (Recovery Act)- Purpose: To support weatherization procedures, green energy ventures, and modernization of existing utilities systems
$13.1 billion for Science and Technology (Recovery Act)- Purpose: To fund R&D on the national level, support security and facilities upgrades in the innovation space, and aid education measures to improve research functions
$18.8 billion for Health Care (Recovery Act)- Purpose: For the provision of health care and rehabilitation services to disadvantaged sectors of society, and for health care research funding
$870 million for Business (Recovery Act)- Purpose: Primarily to support small business ventures
*$98.3 billion for Transportation and Infrastructure (Recovery Act)- Purpose: Perhaps the most diverse of the Recovery Act measures, transportation and infrastructure measures encompassed the construction of highways and other mass transit options, national park service upgrades, tax breaks on housing, etc.
$2.1 billion for Miscellaneous Recovery Act Programs- Purpose: A smattering of stimulus measures - everything from Americorps to Census funding
$3 billion for Cash for Clunkers- Purpose: To give folks cash for their "clunkers" (cars beyond a reasonable degree of use) in order to circulate money into the hands of consumers and ultimately stimulate some spending while giving a boost to the automobile industry
*$48.3 billion for Infrastructure (Jobs for Main Street Act)- Purpose: To poach previously allocated TARP funding and funnel the money into creating jobs in targeted sectors of the US economy. The infrastructure arm will improve mass transit, schools, public housing, and clean water initiatives while adding jobs in these fields.
$26.7 billion for Public Service Jobs (Jobs for Main Street Act)- Purpose: To create and maintain jobs in the public sector
$79 billion for Emergency Relief for Families (Jobs for Main Street Act)- Purpose: Primarily for unemployment benefits, child care, and small business support
$34 billion for the Extension of Unemployment Benefits- Purpose: Primarily for unemployment benefits, child care, and small business support- Purpose: To extend funding for a variety of unemployment programs already in existence, although the bill famously does not grant additional aid to workers who have been employed over the 99-week federal limit
$30 billion for Small Businesses in Obama's Second Round of Stimulus Spending- Purpose: To provide tax relief to small businesses burdened with the cost of starting up in an uncertain economic environment and ultimately to incentivize these businesses to innovate, expand, and provide jobs for the unemployed
*$50 billion for Infrastructure Spending- Purpose: For the construction and upkeep of roads, railways, and runways
So $196.6B of the $792B, or 24.82%, actually got to programs intended to improve infrastructure. In the meantime, how are those roads and bridges upon which you travel? It is symptomatic of Democrats. You give them a dollar, they spend $2 on whatever they want, turn back around to you, foaming at the mouth, and ask for $2 more. It’s like a thing with them. Unrestrained spending to help the poor with no tangible, lasting results.
Source: https://www.businessinsider.com/obamas-stimulus-spending-2010-9
I thank you and have a blessed evening!
