Wednesday
Mar042009
As Recovery Bill headed for vote, pork reigned
Wednesday, March 4, 2009 at 10:25AM by Roger King
Oink if you love pork like the U.S. Congress.The American Recovery and Reinvestment Act of 2009, one of the most partisan bills in history, was finally passed on Friday, Feb. 13, 2009. Prophetic date isn’t it? This 1,434 page bill was full of money for special interests.
Some economists say this bill would place an additional $9,400 tax burden on each household in America. However, the Congressional Budget Office estimated the cost of permanently extending the twenty most popular provisions in the bill at $3.27 trillion, which would triple this tax burden. What do you think the odds are of Congress actually cutting any provisions in the future?
