Federal Reserve Highways PING!
Its all good sez DickTater Hoebama
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Our beloved kleptocrats doing what we elected them to do.
BINGO!
It would amount to a 33% increase in highway funding if that 25% diverted to frickin' bicycle paths and "mass transit" boondoggles were put back into highways - 33%!
Paul Ryan. Can some Romney Ryan you’d better vote for one of the two evils brigade apologize for this prick of a man?
With what money ? We’re bankrupt and massively in debt.
This is not the time to pass long term measures. We’re due for a regime change. This just locks in the previous administration’s policies, which could be a big mistake. A 10 year measure means it will take three POTUS terms for any Republicans to have any effect.
The nation completely jumped the shark with respect to fiscal integrity during the first term of George W. Bush. That was when the GOP House under Hastert went on an earmark frenzy and the president who inherited a balanced budget engaged in two expensive wars using supplemental appropriations to hide the cost of the conflicts instead of including them in the budget. Then came the huge TARP slush fund for the banks at the end of the Bush term. By the time Obama took the oath of office the cumulative federal debt had doubled under Bush’s 8 years in office and the Republicans had abandoned any sound money and fiscal responsibility principles.
During the 6+ years of Obama’s regime the federal government has engaged in an orgy of debt financed spending demanded by the POTUS and willfully supported by the GOP Congress which has controlled the purse strings since January 2011. The budget approved by the GOP as Boehner’s last act, and this highway bill touted as new Speaker Ryan’s first “accomplishment” are more evidence the GOP is as determined as the Democrats to run up debt until the currency and economy collapse.
Those who expect a Trump or Cruz victory in 2016 as heralding in a new period of fiscal responsibility are naive. George W. Bush kept his veto pen hidden during an era of profligate and wasteful spending. Expect Ryan and McConnell to behave just like Hastert and Frist pandering to every interest group. No GOP President is going to reign in spending by a GOP Congress using the veto.
The funding bill should have included the money to build the Keystone pipeline, with instructions that it be started immediately.
the feds have no business in highways, as 100% of all highways are in states or DC.
Let them build the highways.
Is it just me, or does anyone else have an Obama app on their phone counting down the days to him getting out of office?
The federal Highway Trust Fund is nothing more than an elaborate money-laundering scheme.
The politicians, via taxes, confiscate a portion of your income. Then, via government contracts, they pass the money along to their preferred special-interest groups. The groups, via campaign contributions, then send the money back to the politicians.
What a racket. Bet the Mafia is green with envy.
I call it the highway slush fund.
This is the perfect vehicle for never ending fraud and abuse.
Plus long short term thinking prevails in terms of initial design and long term maintenance ... because you can always go back to the slush fund.
More intentional long-term damage to the US. Debt, decreasing strategic reserves, not addressing real infrastructure concerns. Not only do Republicans do nothing to stop it, they’re complicit.