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At least $4 billion is allocated to expanding the police state and the war on drugs through Byrne grants, which even the Bush administration opposed, and the COPS program, both of which are corrupt and largely ineffective programs.
To help Big Brother keep a better eye on us and our children, $20 billion would go towards health information technology, which would create a national system of electronic medical records without adequate privacy protection. These records would instead be subject to the misnamed federal “medical privacy” rule, which allows government and state-favored special interests to see medical records at will. An additional $250 million is allocated for states to nationalize individual student data, expanding Federal control of education and eroding privacy.
$79 billion bails out states that haphazardly expanded their budgets during the bubble years, but refuse to retrench and cut back, as their taxpayers have had to, during recession years.
4) An initial CBO analysis found that a mere $26 billion out of $274 billion in infrastructure spending, just 7 percent, would be delivered into the economy by next fall. An update determined that just 64 percent of the stimulus would reach the economy by 2011.
Obama's proposal to stimulate the economy includes tax cuts of up to $300 billion, including more than $100 billion for businesses.
The refund provision would enable some companies posting losses last year to get refunds for taxes paid as far back as five years earlier. The businesses could refile their old tax returns, using the losses suffered last year to offset profits made when times were good.
Americans support the economic-stimulus plan being pushed by President-elect Barack Obama but worry the government will spend too much money and widen the budget deficit, a new Wall Street Journal/NBC News poll found.
Overall, the poll found strong public backing for the stimulus plan and its major planks, particularly proposals to spend more federal money to create jobs.
Obama will finish what Bush did not
Originally posted by jam321
Some more sources about the upcoming stimulus. Looks like the infrastructure spending will take many years and will impact economy very little.
4) An initial CBO analysis found that a mere $26 billion out of $274 billion in infrastructure spending, just 7 percent, would be delivered into the economy by next fall. An update determined that just 64 percent of the stimulus would reach the economy by 2011.
I'd love to see however, someone who believes the plan will work explain it.