Officials Say Stimulus Bill To Cost $75B More Unemployment Benefits Costing More Than Expected

WSMV Nashville, TN. ^ | 01/26/2010 | WSMV

[The Magical Mischief Tour]

WASHINGTON -- Last year's $787 billion economic stimulus bill is going to be even more expensive -- $75 billion more. The new Congressional Budget Office estimate, released Tuesday, provides more ammunition for Republicans who say the stimulus has been long on spending and short on creating promised jobs. The additional cost also eats into the savings forecast from the budget freeze President Barack Obama is expected to propose Wednesday night during his State of the Union address. Almost half of the additional cost, $34 billion, is because the food stamp program won't be able to take advantage of lower-than-expected inflation rates and will instead have benefits set by the stimulus bill.

[The Magical Mischief Tour]

Porkulus gets fatter...

[J Edgar]

What we have here is a comedy of errors, or perhaps a comedy of lies, or perhaps a comedy of Commies, or perhaps a comedy of criminals, or perhaps the worst disaster to hit our Republic since it's inception!

[Cobra64]

Pretty soon, this chart will have to be displayed in portrait mode.

[PSYCHO-FREEP]

Maobama is going by his own “estimates” when he brags about suddenly becoming “concerned” with the deficit (That Bush caused) and that his plan will “reduce” the deficit.

They know good and well that the ignorant public has no clue how this works, so after they make the claim, and the Bush tax cuts expire, the increase in revenue will naturally drag it down some. He can also toot his horn about his “spending freeze”, (Which means to cut vital services to Republican districts and leave Democrats alone.) having the MSM behind him this is all we will hear about the next year. There are Democrats to elect in 2010 you know.......

[RSmithOpt]

Zeewoe: 'Listen UP PEOPLE!. It's just a little recession."

The reality that is not being discussed is the fact if we remove goobermint spending from the GDP, our total debt (which is growing exponentially of sorts) easily exceeds what the private sector produces. We're now a socialist nation w/ regards to spending. Need I say more?

[RSmithOpt]

Zeewoe: 'Listen UP PEOPLE!. It's just a little recession."

The reality that is not being discussed is the fact if we remove goobermint spending from the GDP, our total debt (which is growing exponentially of sorts) easily exceeds what the private sector produces. We're now a socialist nation w/ regards to spending. Need I say more?