“First they ignore you, then they ridicule you, then they fight you, then you win.” – Mahatma Gandhi

Tuesday, January 27, 2009

Building a Better Stimulus Bill

From Heritage.org:
With the recession entering its second year, President Obama has called for a large stimulus package that contains a mixture of tax cuts, new public works projects, and increased government spending on existing programs. House Democrats have already increased the size of the stimulus plan from $775 billion to $825 billion while cutting the amount allocated to tax cuts from $300 billion to $275 billion. While the House leadership may have many reasons for reducing the tax component of the stimulus package, no doubt one reason is the ineffectiveness of the rebates of 2001 and 2008 enacted under President George W. Bush.
by Rea S. Hederman, Jr. and Ryan Tang

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