Posted on 02/03/2009 1:53:08 PM PST by earmarksrus
The total of cost of all the projects submitted by Puerto Rico is $22,093,054,016.00
Here is some slick wording on the part of the group.
StimulusWatch.org was built to to help the new administration keep its pledge to invest stimulus money smartly, and to hold public officials to account for the taxpayer money they spend. We do this by allowing you, citizens around the country with local knowledge about the proposed "shovel-ready" projects in your city, to find, discuss and rate those projects. These projects are not part of the stimulus bill. They are candidates for funding by federal grant programs once the bill passes.
The projects are not part of the stimulus bill. They are candidates for funding by federal grant programs once the bill passes.
So once the stimulus bill passes, the projects are candidates for the funding. You have to love lawyers who are politicians.
Puerto Rico to receive tax stimulus
SAN JUAN, Puerto Rico: Resident Commissioner Pedro Pierluisi announced Sunday that some 900,000 taxpayers could receive a tax credit ranging from $500 to $1,000 as part of US President Barack Obama's stimulus package, which is currently being evaluated by US Congress and includes Puerto Rico due to its territorial status.According to the resident commissioner in Washington DC, his office preliminary estimates show that the legislation being evaluated by US Congress could award Puerto Rico up to $5,000 million within the next two years.
"The analysis hasn’t concluded. It’s a very complicated measure with different formulas and it’s still being evaluated by Congress," Pierluisi said.
He added that his office had originally estimated that Puerto Rico would receive some $2,500 million from the federal stimulus package.
But as Puerto Rico has now been included in the tax credit package as well, the money that could be granted to the Commonwealth represents an additional $900 million within the next two years.
(snip)
Spreading around some of that wealth. Paying his political IOU’s.
Watch DC become one of the new states too.
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