Posted by Jim Davidson at bostontea.us
Jim is signed up to write here, but says this site is crashing his computer.
Anyone else having access issues? Please comment if you are able to get that far with the site.
Chris Wood over at CaseyResearch.com has done the yeoman’s work of analysing the current act.
Here are a few things he’s found:
Agriculture, rural development, FDA: $16,744,500,000
About $10.5 billion for section 502 unsubsidized guaranteed loans and another billion for direct loans under section 502. Don’t you wish you were rural? Broadband as part of rural electrification (?) gets $2.5 billion in loans, loan guarantees, and grants.
Commerce, Justice, Science, and Related Agencies: $15,922,000,000. Includes a billion for community policing and a billion for periodic census work. Also $4.7 billion for more of that broadband stuff, interfering in the successful Internet industry because government can’t keep its hands off a successful business model. I can’t wait to find out what $2.5 billion in research gets us.
Department of Defense Operation and Maintenance: $4,549,000,000.
Energy and Water Development: $51,175,000,000.
Financial Services and General Government: $6,858,000,000.
Interior, Environment, and Related Agencies: $10,950,000,000.
Departments of Labor, Health and Human Services, and Education, and Related Agencies: $70,465,000,000.
Military Construction and Veterans Affairs: $4,276,000,000.
Transportation and Housing and Urban Development: $59,745,000,000.
State Fiscal Stabilization Fund: $53,600,000,000.
You can go through and see how worthless and ineffective agencies like the Army corps of engineers and the department of education are being rewarded with multi-billion dollar boondoggles. I expect the states which were fiscally stable aren’t going to get much of the stabilisation fund, huh?
Altogether, it looks like a spend and spend Democrat’s wet dream.