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Waste

February 3, 2009 - by Donny Shaw

Republican leaders in Congress have released a list of 32 wasteful items they have identified in the stimulus.

Steve Benen at Washington Monthly does some math and finds that the items in the list come out to about $18.7 billion, or about 2 percent of the overall bill.

Related: The New York Post has the scoop on what Hollywood’s got coming to them in the bill:

>A provision in the current “stimulus” bill would allow Hollywood moguls to write off half the production and filming costs of big-budget films and TV shows.
>
>Backed by Walt Disney and the Motion Picture Association of America, the provision amounts to an estimated $246 million Hollywood tax break over 11 years.
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>It’s the least Democrats can do for some of their richest and most generous supporters, who gave nearly $20 million in campaign contributions to Democrats during the 2008 election cycle, according to OpenSecrets.org.

Remember, Hollywood got $470 million from Congress in last year’s financial bailout too…

UPDATE: The Hollywood tax break has been stripped from the bill by an amendment from Sen. Tom Coburn (R-OK).

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