Not much for infrastructure either. But the plan appears to contain plenty of funding for everything else. From Pundit & Pundette:
Despite spending $550 billion, no funds are provided for troops in Afghanistan or Iraq. The Defense Department estimates they will need $60-$80 billion soon to support immediate combat operations.
When money is being thrown around with such unprecedented abandon, it's hard to understand how the y could miss anything at all, let alone the war-fighters in Afghanistan and Iraq. But they seem to have their priorities.
What would those priorities be? Looks like more big government giveaways:
President-elect Obama has said that his proposed stimulus legislation will create or save 3 million jobs. This means that this legislation will spend about $275,000 per job. The average household income in the U.S. is $42,000 a year.
- This bill provides enough spending to give every man, woman, and child in America $2,700.
- This bill will cost each and every household $6,700 in additional debt, paid for by our children and grandchildren.
- Although this legislation has been billed and described as a transportation and infrastructure investment package, but only three percent ($30 billion) of this package is for road and highway spending.
- Much of the funding within the proposed stimulus package will go to programs which already have large, unexpended balances. For example, the draft bill provides $1 billion for Community Development Block Grants (CDBG), which already has $16 billion on hand. And, this year, Congress has plans to rescind $9 billion in highway funding that the states have not yet used.
No money for the troops. Very little money for infrastructure. More money for government bureaucracies. Surely at the cost of $275K per job, it would appear there must some overhead somewhere. That's the Obama way?
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