Bout time they started to grow a pair:
Senate Minority Leader Mitch McConnell (R-Ky.) voiced skepticism today about the emerging economic stimulus plan, applying a brake to Democratic plans to quickly pass up to $850 billion in spending and tax cuts soon after President-elect Barack Obama’s Jan. 20 inauguration.
“As of right now, Americans are left with more questions than answers about this unprecedented government spending, and I believe the taxpayers deserve to know a lot more about where it will be spent before we consider passing it,” McConnell said in a statement, which will be publicly issued later today.
Obama’s advisers and congressional Democrats have been huddling in the Capitol trying to craft a massive stimulus plan that could cost anywhere from $675 billion to $850 billion, while some economists are pushing for a total package worth more than $1 trillion.
McConnell — the most powerful Republican in Washington, based on the filibuster-proof level of 41 GOP Senate seats — called for many congressional hearings on the stimulus plan and some undetermined safeguards to assure the money is being spent wisely.
~~~McConnell specifically called for a weeklong cooling off period between when the bill is drafted and when it is voted on, allowing time to dissect it for signs of “fraud and waste.”
Senate Democrats reiterated their contention that any quick passage of the legislation will require full acceptance by GOP leaders, who at this point have not been involved in negotiations.
Of course it’s too bad they didn’t grow a pair when all that bailout money was negotiated on.
I think my favorite line I’ve heard from the MSM, or any of the politico’s on this stimulus package has to be this report yesterday:
While some economists consulted by Obama’s team recommended spending of up to $1 trillion over two years, a more likely figure seems to be $850 billion. There is concern that a package that looks too large could worry financial markets, and the incoming economic team also wants to signal fiscal restraint.
Yup, 850 billion is showing fiscal restraint.
Sigh….
The left continues to deny the reality that lowering taxes would actually mean business owners could keep much of the money they make, which would then make more jobs. Those new workers would then have money to spend which helps the economy. It’s just common sense.
But denying reality ensures they can keep people addicted to entitlement programs…..just what the left wants.
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