Wednesday, January 21, 2009

They can't spend it fast enough

Not enough "shovel-ready" projects on tap:
The government wouldn’t be able to spend at least one-fourth of a proposed $825 billion economic stimulus plan until after 2010, according to a new report that suggests it may take longer than expected to boost the economy.
A Congressional Budget Office analysis of President Barack Obama’s plan found that most of the approximately $355 billion in proposed discretionary spending on highways, renewable energy and other initiatives wouldn’t be spent before 2011. The government would spend about $26 billion of the money this year and $110 billion more next year, the report said.
About $103 billion would be spent in 2011, while $53 billion would be spent in 2012 and $63 billion between 2013 and 2019, the report said.
Hey, they could just cut me a check for a billion or two. I'm willing to do my part for Hope and Change.

1 comment:

  1. I'm willing to do my part for Hope and Change.

    There is a cheap shot here involving "true McCain" and "spoken like", but let's leave that un-assembled, out of regard for you, sir. ;)