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Stimulus Bill Text

February 12, 2009 - by Donny Shaw

It’s 11pm ET on Wednesday, and the full legislative text of the final version of Congress’s $789.5 billion economic stimulus package has just been released. It’s scheduled for a possible vote by the House of Representatives sometime tomorrow. It’s 999 pages in total – Better get reading…

H.R. 1 – American Recovery and Reinvestment Act of 2009:

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Comments

Displaying 1-30 of 35 total comments.

  • Anonymous 02/13/2009 5:15am

    Any chance someone has an unsecured version of “Text of the Conference Report-Division B”? The Adobe PDF security is making it difficult to split out parts of the bills that are relevant to me.

  • Comm_reply
    Anonymous 02/18/2009 1:53pm

    The bill needed to be much larger to get the economy stimulated. Keynesian economics states that the government must spend massive amounts of money. FDR did not spend enough and this bill is not big enough. What people have to do is spend money in order to raise the confidence and allow the government to stabilize the money issue(regulate banks,encourage loans, put a freeze on foreclosures, etc)before we are all living in Bushvilles.

  • Comm_reply
    Anonymous 02/22/2009 5:19pm

    Congrats, when you pick a lost cause, you really commit. FDR extended the depression. We’ve just destroyed the US economy.

    Good luck to our kids.

    Read here for an alternate viewpoint: http://mises.org/freemarket_detail.aspx?control=258

  • cemnyc 02/13/2009 5:32am

    I would like to thank the gracious and magnificently Democratic lead Congress for providing the public the few hours it deemed appropriate for our benefit to read the massive porkulus package, I mean, government expansion bill, I mean stimulus package before the vote. All Hail Nancy Polesi and Senator Reed. May you continue to bless your American subjects with you wisdom and profound leadership during these perilous times.

  • Anonymous 02/13/2009 7:07am

    Sen. Frank Lautenberg (D-N.J.) predicted on Thursday that none of his Senate colleagues would “have the chance” to read the entire final version of the $790-billion stimulus bill before the bill comes up for a final vote in Congress.

  • McLieberman 02/13/2009 7:09am

    What’s with releasing this 1000+ pages 12 hours before the vote? I read fairly well, but isn’t this illegal? Oh I forgot, Democracy is the 51% majority, is Mob rule over the other 49%.

    Additionally, what’s with the Censored “GAG RULE” on the House of Representatives floor, that no one can discuss anything within the $790 BILLION bill? There’s our representation… down the toilet.

    Here we go again… By government, About Government, For Government, but at least the American people are involved, We The People get to pay for this crap!

  • qawagstaff 02/13/2009 7:47am

    The Emperor in close consultations with the Senate seeing the Visigoths approaching the Capital gave orders to loot the Treasury of what was left. “Pass some out to my minions while you get your share” Meanwhile he rode the golden chariot to see the masses who tingled at his words and cried upon seeing him. They knew he would take care of them.

    “What is Past is Prologue!”

  • Anonymous 02/13/2009 12:21pm
    Link Reply
    + -2

    Thank God this has finally passed. I can’t wait to hear what the obstructing Republicans have to say to me and my fellow 3 million-plus recently-laid-off workers who have been suffering while the GOP nitpicked and grandstanded and generally behaved like politicians instead of responsible leaders.

  • Comm_reply
    triptyx 02/13/2009 12:36pm

    They’ll say this:
    There is almost entirely no relief for you and your fellow laid off workers in this package, at least half of which will not even be paid out into the economy for more than a year. The money that it blows on wetlands for frogs, digital converter boxes, summer programs for “children” up to the age of 24, will not help you and those folks one bit.

    Obstructing Republicans? Nitpicking and grandstanding? I’m terribly sorry if they weren’t willing to just trust Pelosi and Reid that this was a good bill. I’m more sorry that so many Democrats jumped on the band wagon while having no idea what they were even voting for, and I’m even sorrier that there is no way we can pay for this bill (which, taken in total, represents nearly the entire tax revenues of this nation for an entire year) short of issuing more debt to China and other foreign investors, the issuance of which will even further devalue the dollar and make it even more difficult to make a living wage in this country.

    That said, if you’re so hot to visit this disaster on the Nation, to further enslave your children and their children with crippling debt so that you can say you did “something”, then perhaps you deserve to be out of work.

    You may as well get used to food stamps and the soup kitchen lines, because all this spending is going to get us exactly that in no time.

  • Comm_reply
    Anonymous 02/15/2009 7:36am

    Interesting that you seem to know so much about the bill without having the TIME to read it.

    On your reference to increasing the Nation’s debt, I wonder if you complained during the past 8 years while the Republicans created the 3 trillion dollar debt that got us off to such a great start? At least you admitted that the new administration started it’s tenure with a burden of debt in your statement, “… to FURTHER enslave your children…”

  • Comm_reply
    Anonymous 02/16/2009 9:13am

    Someone explain to me why so many people are arguing over a “stimulus” masquerading as a “spending” bill? What’s the difference? The government spends money to stimulate the economy. Did you really think that the government would find a way to stimulate the economy without spending money?

    And before people start whining about economic stimulation through tax cuts, how do tax cuts stimulate spending by millions of newly unemployed who don’t pay taxes? How do tax cuts help business who are losing money and wouldn’t pay taxes anyway? They don’t. We can apply the tax cuts to the wealthy who still have money. In that scenario, we’re borrowing money to give tax cuts to wealthy Americans. Guess what got us into this mess in the first place?

    When the government guzzles credit during the good times, it won’t have as much ability to borrow during the bad times to stimulate the economy. The net effect is that America’s future holds a significantly reduced standard of living over several decades to pay for the excesses of the past 8 years of incomprehensibly short-sighted republican policies. The best that we can hope for from the current administration and this stimulus bill is a controlled decline that avoids a jolting economic restructuring. Let’s land this ship gently in the Hudson River and not crash it disastrously on a house.

  • Comm_reply
    Anonymous 02/18/2009 6:42am

    Problem with that excuse is that Obama was supposed to bring change. but His comments of Bush did it too so I can… shows he is nothing except a liar all within the first 100 days. Start praying NOW!

  • Comm_reply
    Anonymous 02/13/2009 12:42pm

    So you think it’s a good idea to not just mortgage your grandchildrens future so you don’t have to suffer a little but also their grandchildrens future? This bill will have so little to stimulate because everything will not be spend in a timely fashion. The urgency is in the air but the bill that passed does not address that urgency. If it is that urgent to get money into the economy quickly spending it on projects that will not have money spent for two years will not work ( and that is what this is) Most infrastructure spending will take several years just for approval. Be prepared to suffer for at least two more years. The bill is also laden with crap that has nothing to do with the emergency at hand but with something that wouldn’t pass in the light of day.

  • Anonymous 02/13/2009 12:36pm

    Dear Democrats, thank you for caring for Americans, and out-vote those hate-ridden republicans. We will mobilize to vote these characters out of our offices. The next round, except for those that came in to support this bill, our aim should be to fire every republican official out. While Americans are starving and their livelihoods are disappearing by the day, these clowns are being paid with our tax money and simply playing bribery, favoritism for their high rollers buddies and hate-politics all day. We American are people of strength, pride and good moral standing who believe in decency and care for all; we are not Nazis and hate-filled, twisted losers and this, we will never be. We believe in God, fairness and opportunity to all.

    We voted for Obama to get rid of these evil nuisances from our Government. And now we see, we still have some cancerous elements remaining. We shall vote all these bad elements out. We are also taking good notice of those democrats dressed in wolves’ cloths, who are clearly on those egoistic shit-heads’ side. Dear republican clowns, there is time for everyone and you’ll get yours soon. You cannot simply keep making mockery of the citizens that pay your salaries. Keep your hateful and fear-ridden policies to yourself and better start packing to leave. This world will be for all people, not just for the thieves, the selfish rich and for the so-called privileged; it’s for all people get it – all people. We will work hard to make sure America stays, as the best country in the world there is through our hard work, sweat, unity and care for all, not hate and playing the boogie fat man. We promise you one thing, we will vote you out.

  • Comm_reply
    Anonymous 02/17/2009 8:35am

    Your staments are full of Hyperboles devil terms, and popularity falacies. That is just to name a few. Good luck on the whole ignorant thing.

  • Comm_reply
    Anonymous 02/17/2009 10:13am

    The ones who will be voted out in 2010 are not the Republicans! This spending bill will do absolutely NOTHING in its first year to help out the unemployed. It may lengthen their unemployment bennies, if they are eligible, etc., and provide COBRA, etc., at MY EXPENSE and the great grandchildren for years in the future! Forget the democrat/republican crap! This is a world-wide recession/depression and it is FAR from bottoming out! Your FUHRER will have his name on it though so before you start pontificating to the rest of us from your moral high ground, you had best provide a way for us to know that this Bill will work! And when it doesn’t, the little boy will be out of office if not before re-election time!

  • Comm_reply
    Anonymous 02/17/2009 1:04pm

    You say that you “voted for Obama to get rid of these evil nuisances (Republicans) from our Government”… Great, what you and other proud American citizens (called Democrats) have manage to accomplish is to elect a far-left radical, named Obama, who will take this country to the highest form of a social/welfare state. If you doubt this, just look at his “Stimulus” package that he signed today (2/17/09). Only about $100B is considered job related, the other $650B is “pork barrel” or so called “earmarks” which will put this country you love into debt for decades to come. America is the best country in the world. This view is shared by all “patriotic citizens”, both Republicans & Democrats. The citizens of this country need to get back to the basic fundelmentals that made this country great, namely, wisdom (reason), morality, and the role of religion freedom. Remember, our Founders felt that by excluding the national government (Washington D.C.) from intervening in the local & state affairs of the people, was the only way to protect the “unalienable rights” of the people from abuse by an over-aggressive form of government – tendencies exhibited by Obama om many occasions in his first month of office. Remember the old saying …becareful what you wish for. All Americans are needed to return to its world recognition & dominance as the greatest nation on earth..

  • pdorsett 02/13/2009 1:00pm
    No sir. We will vote the Democrats out and you will see the light and cross over because it is obvious you have been demonized by your fellow D’s. Just wait… time is on our side not yours! you all have truly screwed this one really up! Gone to far this time and you will pay!
  • markkate 02/13/2009 3:35pm

    I would love to review and read the conference report on Division A, the appropriations, but I get “Requested page could not be found” message when opening the link. How convenient. I guess this is the type of transparency, honesty and integrity we can expect for at least the next four years. Prediction: The Democrats popularity peaked on January 21, 2009. This legislation is nothing more than the Democrats attempting to grab decades of power by buying favortism and dependancy. The irony is that its the beginning of their fall from power, perhaps for decades.

  • DannyV09 02/13/2009 4:52pm

    It is very clear to anyone who looks at this bill that it is a spending package. We could go on for days about how $$ to NASA to design a new launch vehicle won’t stimulate the economy. My real concern is: Why is it that items that may actually help create jobs are so specific that they border on ridiculous. Also let me remind everyone that for many of these projects you will need to be a registered Federal contractor with DUNS # or whatever they call it now. Otherwise you won’t even be able to search for many of these projects.

    www.dwvirag.com

  • Anonymous 02/13/2009 6:10pm

    happy days are here again
    long live the democrats
    good by repubs, don’t get too dizzy circling the drain

  • Anonymous 02/13/2009 6:14pm

    www.recovery.gov is the place to check out how the recovery money is being spent

    this site will be helpful in preventing right wing propaganda from distorting the benefits of the stimulus projects

  • Comm_reply
    Anonymous 02/17/2009 10:17am

    Why would the site to check it out be helpful to us? Do you think ‘they’ will tell the truth on that site that ‘they’ are posting? How childish! “Propaganda” and “dogma” is what that site is called, and the one posting news from the WH! Why would the ones promoting the BILL tell you anything that is not positive! Doing our own research on the bill and keeping up the research is the better to track it.

  • jp215 02/14/2009 1:21am

    Money given to NASA brings new technology. And that money does come back 10x over time.
    But that being said thats not gonna help us anytime soon…

  • Comm_reply
    Sammycole 02/15/2009 9:26am

    I wonder if NASA will have to hire to help clean up the debris in space. Imagine….humans are littering SPACE.

  • Anonymous 02/14/2009 11:49am

    If I remember correctly, a few years ago some people got together at a Tea Party in Boston Harbor to protest TAXATION WITHOUT REPRESENTATION. Isn’t a situation where unethical practices by the Senate and the House (and I would call voting for a bill you haven’t read to be unethical) that leads to higher deficits, then higher taxes to pay for it (or inflation), isn’t this a call for tax rebellion? I would say it’s time to start slowing down the system. Politicians CANNOT operate in a world where their source of power (taxes) is limited by someone other than themselves! File paper returns, make honest mistakes, clog the system and make sure you limit your withholding so the delay is in them receiving your money instead of them giving yours OVERPAYMENT back.
    Heck, California is even talking about giving non-tenderable IOUs!

  • Comm_reply
    Anonymous 02/17/2009 10:21am

    The states of Kansas and California are both bankrupt! Doesn’t that say it is time for another TEA PARTY? To me it does! Kansas won’t get income tax refunds this year! What d’ya say we start clogging the system even more and start getting paid in cash for your work! That way YOU and YOU only will be in control of YOUR money!

  • Anonymous 02/16/2009 10:22am

    In just a few months, this conversation will evolve from speculation about whether it will create jobs to discussion about how we can’t tell if the money was spent effectively and produced results after it was spent.

    Use Hurricane Katrina spending as an example. Pressure on the federal government to spend money quickly (i.e. get it flowing into our economy) will result in two things. 1) Money will be spent on existing contracts with the same group of federal contractors who already work for the government. This is because there won’t be time to run new competitive procurements, which take months. 2) The usual Federal contracting controls that work to ensure competition and best value will be suspended or bypassed because they add time and bureaucracy to the procurement cycle.

    The result will be that billions of dollars will evaporate into the economy and the government will only be able to show how much money was spent. It won’t be able to track results, value, or effectiveness except at an extreme macro level. Add to this the fact that much of this spending will take the form of grants to local governments that the Federal government doesn’t control effectively and the conversation in 12 months may become very painful for the current administration.

  • Comm_reply
    Anonymous 02/17/2009 10:23am

    Of course, this poster is right! Anyone in the real world who works for a living knows this! AND, if it is a project funded for the ‘shovel-ready’ as they say…how many women will that put to work?

  • BluMtsFolks 02/16/2009 11:51am

    I thought we were supposed to get 48 hours to read this piece of crap before it was voted on? Since when will giving millions of dollars to volunteer programs stimulate the economy? So much for there being no earmarks and no pork. Oink, oink, oink!!!

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